Ideanomics Inc. (NASDAQ: IDEX) open the trading on January 05, 2022, with a bit cautious approach as it glided -9.09% to $1.20. During the day, the stock rose to $1.34 and sunk to $1.1825 before settling in for the price of $1.32 at the close. Taking a more long-term approach, IDEX posted a 52-week range of $1.11-$5.53.
The Technology sector firm’s twelve-monthly sales growth has been 42.20% for the last half of the decade. 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 $473.83 million, simultaneously with a float of $455.73 million. The organization now has a market capitalization sitting at $607.20 million. At the time of writing, stock’s 50-day Moving Average stood at $1.6159, while the 200-day Moving Average is $2.2957.
It is quite necessary to find out the efficiency of the corporate organization, which has 110 number of employees on its payroll. 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
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Application industry. Ideanomics Inc.’s current insider ownership accounts for 1.60%, in contrast to 13.60% institutional ownership. According to the most recent insider trade that took place on Sep 24, this organization’s Executive Chairman sold 500,000 shares at the rate of 2.06, making the entire transaction reach 1,030,000 in total value, affecting insider ownership by 7,916,208.
Ideanomics Inc. (IDEX) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2021 suggests? It has posted -$0.11 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at -$0.01) by -$0.1. 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 -0.09 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 7.90. The Stock has managed to achieve an average true range (ATR) of 0.12. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.14.
In the same vein, IDEX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.33, a figure that is expected to reach -0.03 in the next quarter, and analysts are predicting that it will be -0.09 at the market close of one year from today.
Technical Analysis of Ideanomics Inc. (IDEX)
[Ideanomics Inc., IDEX] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 59.41% While, its Average True Range was 0.1262.
Raw Stochastic average of Ideanomics Inc. (IDEX) in the period of the previous 100 days is set at 6.34%, which indicates a major fall in contrast to 22.50% 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 84.65% that was higher than 69.64% volatility it exhibited in the past 100-days period.