Witnessing the stock’s movement on the chart, on April 19, 2021, Ideanomics Inc. (NASDAQ: IDEX) had a quiet start as it plunged -1.67% to $2.35. During the day, the stock rose to $2.44 and sunk to $2.25 before settling in for the price of $2.39 at the close. Taking a more long-term approach, IDEX posted a 52-week range of $0.37-$5.53.
It was noted that the giant of the Technology sector posted annual sales growth of 42.20% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -6.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 44.00%. This publicly-traded company’s shares outstanding now amounts to $419.32 million, simultaneously with a float of $366.38 million. The organization now has a market capitalization sitting at $1.04 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.34, while the 200-day Moving Average is $2.10.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 110 workers. It has generated 243,264 per worker during the last fiscal year. Meanwhile, its income per employee was -892,873. The stock had 4.72 Receivables turnover and 0.15 Total Asset turnover. For the Profitability, stocks gross margin was -12.16, operating margin was -186.21 and Pretax Margin of -396.29.
Ideanomics Inc. (IDEX) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. Ideanomics Inc.’s current insider ownership accounts for 10.73%, in contrast to 4.10% institutional ownership.
Ideanomics Inc. (IDEX) Earnings and Revenue Records
This company achieved a net margin of -367.04 while generating a return on equity of -88.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
Ideanomics Inc.’s EPS increase for this current 12-month fiscal period is 44.00% and is forecasted to reach -0.11 in the upcoming year.
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 13.80. The Stock has managed to achieve an average true range (ATR) of 0.25. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 38.77.
In the same vein, IDEX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.45, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.11 at the market close of one year from today.
Technical Analysis of Ideanomics Inc. (IDEX)
Going through the that latest performance of [Ideanomics Inc., IDEX]. Its last 5-days volume of 26.11 million was inferior to the volume of 40.57 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 8.80% While, its Average True Range was 0.24.
Raw Stochastic average of Ideanomics Inc. (IDEX) in the period of the previous 100 days is set at 17.83%, which indicates a major rise in contrast to 8.55% 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 67.58% that was lower than 117.68% volatility it exhibited in the past 100-days period.