The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for RXO Inc. (RXO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.74, or 4.47%, to $17.28. The RXO Inc. has recorded 286,732 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that RXO Wins Dow Above and Beyond Award for Managed Transportation Performance.
The company is listed on the NYSE and operates within the Trucking industry segment. At the end of the last regular session, the stock closed at $16.54 and fluctuated between $16.76 as its day high and $16.39 as its day low. The current market capitalization of RXO Inc. is $1.88B. A total of 1.68 million shares were traded on the day, compared to an average of 1.81M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, RXO has seen 2 BUY and 2 SELL insider trades, representing the acquisition of 94,896 and the disposition of 115,166,013 shares. Over the last 12 months, there were 2 BUYs and 2 SELLs from insiders. Insiders purchased 94,896 shares during that period but sold 115,166,013.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for RXO in the last 3 months, the mean price target is $20.64 with high estimates of $27.00 and low estimates of $17.00. In terms of 52-week highs and lows, RXO has a high of $25.50 and a low of $14.75.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 13 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RXO is Hold with a score of 3.83. A total of 4 analysts rated the stock as Buy while 0 rated it as Overweight while 9 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.