Inpixon (NASDAQ: INPX) stock jumped 2.71% on Monday to $0.14 against a previous-day closing price of $0.14. With 2.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.61 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $0.1500 whereas the lowest price it dropped to was $0.1333. The 52-week range on INPX shows that it touched its highest point at $13.35 and its lowest point at $0.11 during that stretch. Beta for the stock currently stands at 0.65.
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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 up-trending over the past week, with a rise of 0.07%, but this was down by -22.99% over a month. Three-month performance dropped to -26.64% while six-month performance fell -57.77%. The stock lost -98.58% in the past year, while it has lost -91.53% so far this year.
Float and Shares Shorts:
At present, 72.04 million INPX shares are outstanding with a float of 67.99 million shares on hand for trading. On Aug 30, 2023, short shares totaled 1.62 million, which was 2.25% higher than short shares on Jul 30, 2023. In addition to Mr. Nadir Ali as the firm’s CEO & Director, Ms. Wendy Loundermon serves as its CFO, Sec. & Director.
Institutional Ownership:
Other institutions hold 0.36% of INPX, in contrast to 0.34% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in INPX with 0.32% of the stake, The Vanguard Group, Inc. holds 229,798 shares worth 229,798. A second-largest stockholder of INPX, BlackRock Fund Advisors, holds 142,549 shares, controlling over 0.20% of the firm’s shares. Jane Street Capital LLC is the third largest shareholder in INPX, holding 50,220 shares or 0.07% stake. With a 0.32% stake in INPX, the Vanguard Extended Market Index Fu is the largest stakeholder. A total of 229,798 shares are owned by the mutual fund manager. The Fidelity Extended Market Index Fu, which owns about 0.01% of INPX stock, is the second-largest Mutual Fund holder. It holds 8,957 shares valued at 1460.0. Fidelity Series Total Market Inde holds 0.00% of the stake in INPX, owning 1,962 shares worth 320.0.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, INPX reported revenue of $4.72M and operating income of -$12.17M. The EBITDA in the recently reported quarter was -$2.65M and diluted EPS was -$12.87.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INPX since 0 analysts follow the stock currently. 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 $586,488.00 and a low target of $586,488.00, the average target price over the next 12 months is $586,488.00. Based on these targets, INPX could surge 418919900.0% to reach the target high and rise by 418919900.0% to reach the target low. Reaching the average price target will result in a growth of 418919900.0% 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.
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.