Inpixon (NASDAQ: INPX) stock jumped 0.65% on Friday to $1.55 against a previous-day closing price of $1.54. With 2.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.14 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $1.6700 whereas the lowest price it dropped to was $1.5100. The 52-week range on INPX shows that it touched its highest point at $38.25 and its lowest point at $1.50 during that stretch. Beta for the stock currently stands at 0.96.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INPX was down-trending over the past week, with a drop of -14.36%, but this was down by -13.89% over a month. Three-month performance dropped to -64.45% while six-month performance fell -87.23%. The stock lost -95.78% in the past year, while it has lost -8.82% so far this year.
Float and Shares Shorts:
At present, 3.24 million INPX shares are outstanding with a float of 3.09 million shares on hand for trading. On Oct 13, 2022, short shares totaled 0.16 million, which was 7.30% higher than short shares on Sep 14, 2022. In addition to Mr. Nadir Ali as the firm’s CEO & Director, Ms. Wendy Loundermon serves as its CFO, Sec. & Director.
Through their ownership of 5.32% of INPX’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 2.44% of INPX, in contrast to 1.50% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in INPX with 2.32% of the stake, The Vanguard Group, Inc. holds 75,252 shares worth 75,252. A second-largest stockholder of INPX, Geode Capital Management LLC, holds 13,735 shares, controlling over 0.42% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in INPX, holding 13,063 shares or 0.40% stake. With a 0.80% stake in INPX, the Vanguard Extended Market Index Fu is the largest stakeholder. A total of 25,746 shares are owned by the mutual fund manager. The Fidelity Extended Market Index Fu, which owns about 0.28% of INPX stock, is the second-largest Mutual Fund holder. It holds 8,957 shares valued at 15227.0. Vanguard Total Stock Market Index holds 0.20% of the stake in INPX, owning 6,333 shares worth 10766.0.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INPX since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With INPX analysts setting a high price target of $900,004.00 and a low target of $900,004.00, the average target price over the next 12 months is $900,004.00. Based on these targets, INPX could surge 58064674.19% to reach the target high and rise by 58064674.19% to reach the target low. Reaching the average price target will result in a growth of 58064674.19% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. INPX will report FY 2017 earnings on 03/08/2024. Analysts have provided yearly estimates in a range of -$5400024.00 being high and -$5400024.00 being low. For INPX, this leads to a yearly average estimate of -$5400024.00. Based on analyst estimates, the high estimate for the next quarter is -$684003.00 and the low estimate is -$684003.00. The average estimate for the next quarter is thus -$684003.00.
Summary of Insider Activity:
Insiders traded INPX stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.