June 21, 2022, Ideanomics Inc. (NASDAQ: IDEX) trading session started at the price of $0.702, that was -2.01% drop from the session before. During the day, the shares moved up to $0.7299 and dropped to $0.6692 before settling in for the closing price of $0.70. A 52-week range for IDEX has been $0.51 – $3.25.
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Technology Sector giant saw their annual sales surged by 42.20% over the last five years. When this article was written, the company’s average yearly earnings per share was at 44.00%. With a float of $467.38 million, this company’s outstanding shares have now reached $473.83 million.
The firm has a total of 110 workers. Let’s measure their productivity. In terms of profitability, gross margin is -12.16, operating margin of -186.21, and the pretax margin is -396.29.
Ideanomics Inc. (IDEX) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ideanomics Inc. stocks. The insider ownership of Ideanomics Inc. is 0.30%, while institutional ownership is 17.00%. The most recent insider transaction that took place on Jan 21, was worth 19,973. In this transaction Chief Executive Officer of this company bought 19,775 shares at a rate of $1.01, taking the stock ownership to the 1,489,125 shares. Before that another transaction happened on Jan 20, when Company’s Chief Executive Officer bought 14,500 for $1.07, making the entire transaction worth $15,515. This insider now owns 1,469,350 shares in total.
Ideanomics Inc. (IDEX) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/29/2021, it has been observed that the corporation posted -$0.11 earnings per share (EPS) during the time that was less than consensus figure (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 -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.00% per share during the next fiscal year.
Ideanomics Inc. (NASDAQ: IDEX) Trading Performance Indicators
You can see what Ideanomics Inc. (IDEX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 7.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.17 in one year’s time.
Technical Analysis of Ideanomics Inc. (IDEX)
Analysing the last 5-days average volume posted by the [Ideanomics Inc., IDEX], we can find that recorded value of 4.94 million was lower than the volume posted last year of 6.41 million. As of the previous 9 days, the stock’s Stochastic %D was 63.57%. Additionally, its Average True Range was 0.06.
During the past 100 days, Ideanomics Inc.’s (IDEX) raw stochastic average was set at 27.47%, which indicates a significant decrease from 63.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.52% in the past 14 days, which was higher than the 89.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6844, while its 200-day Moving Average is $1.2650. Now, the first resistance to watch is $0.7193. This is followed by the second major resistance level at $0.7550. The third major resistance level sits at $0.7800. If the price goes on to break the first support level at $0.6586, it is likely to go to the next support level at $0.6336. Now, if the price goes above the second support level, the third support stands at $0.5979.
Ideanomics Inc. (NASDAQ: IDEX) Key Stats
There are 497,681K outstanding shares of the company, which has a market capitalization of 325.30 million. As of now, sales total 26,760 K while income totals -98,220 K. Its latest quarter income was 27,047 K while its last quarter net income were -50,851 K.
