Ideanomics Inc. (NASDAQ: IDEX) established initial surge of 5.87% at $3.15, as the Stock market unbolted on January 08, 2021. During the day, the stock rose to $3.89 and sunk to $3.00 before settling in for the price of $2.98 at the close. Taking a more long-term approach, IDEX posted a 52-week range of $0.28-$4.75.
In the past 5-years timespan, the Technology sector firm’s annual sales growth was 86.70%. Meanwhile, its Annual Earning per share during the time was 11.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -135.10%. This publicly-traded company’s shares outstanding now amounts to $237.54 million, simultaneously with a float of $194.11 million. The organization now has a market capitalization sitting at $712.12 million. At the time of writing, stock’s 50-day Moving Average stood at $1.79, while the 200-day Moving Average is $1.26.
If we measure the efficiency of the company that is accounted for 60 employees. It has generated 742,783 per worker during the last fiscal year. Meanwhile, its income per employee was -1,628,010. The stock had 3.38 Receivables turnover and 0.40 Total Asset turnover. For the Profitability, stocks gross margin was +91.73, operating margin was +22.86 and Pretax Margin of -216.33.
Ideanomics Inc. (IDEX) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Ideanomics Inc. industry. Ideanomics Inc.’s current insider ownership accounts for 0.40%, in contrast to 4.80% institutional ownership.
Ideanomics Inc. (IDEX) Earnings and Revenue Records
This company achieved a net margin of -219.18 while generating a return on equity of -243.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Ideanomics Inc.’s EPS decrease for this current 12-month fiscal period is -135.10%.
Ideanomics Inc. (NASDAQ: IDEX) Trading Performance Indicators
Let’s observe the current performance indicators for Ideanomics Inc. (IDEX). It’s Quick Ratio in the last reported quarter now stands at 1.20. The Stock has managed to achieve an average true range (ATR) of 0.35. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 45.07.
In the same vein, IDEX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.06.
Technical Analysis of Ideanomics Inc. (IDEX)
Now, what If we examine the latest scores posted by [Ideanomics Inc., IDEX]. During the last 5-days, its volume was better the volume of 82.69 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 67.56% While, its Average True Range was 0.39.
Raw Stochastic average of Ideanomics Inc. (IDEX) in the period of the previous 100 days is set at 59.62%, which indicates a major fall in contrast to 67.04% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 151.03% that was higher than 148.16% volatility it exhibited in the past 100-days period.