Investors’ Patience Is Being Tested Right Now By Ideanomics Inc. (NASDAQ: IDEX)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Ideanomics Inc. (IDEX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -5.00%, to $0.38. Volume reached 67,081 shares, with price reaching a high of $0.39 and a low of $0.365. Yahoo Finance discussed the stock recently as it posted Ideanomics achieves breakthrough milestone for 500kW ultra-fast charging.

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Stocks Info

Ideanomics Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Application industry. At the end of the last regular session, the stock closed at $0.37 and fluctuated between $0.3905 as its day high and $0.3650 as its day low. The current market capitalization of Ideanomics Inc. is $183.97M. A total of 6.81 million shares were traded on the day, compared to an average of 5.54M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, IDEX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 2 BUYs and 1 SELLs from insiders. Insiders purchased 34,275 shares during that period but sold 500,000.

In the most recent transaction, Poor Alfred bought 19,775 shares of IDEX for 1.01 per share on Jan 21. After the transaction, the Chief Executive Officer now owns 1,489,125 company shares. In a previous transaction on Jan 20, Poor Alfred bought 14,500 shares at 1.07 per share. IDEX shares that Chief Executive Officer owns now total 1,469,350.

Among the insiders who bought shares, Poor Alfred acquired of 62,975 shares on Jan 12 at a per-share price of $1.19. This resulted in the Chief Executive Officer holding 1,454,850 shares of IDEX after the transaction. In another insider transaction, MCMAHON SHANE sold 500,000 shares at $2.06 per share on Sep 24. Company shares held by the Executive Chairman now total 7,916,208.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for IDEX in the last 3 months, the mean price target is $1.00 with high estimates of $1.00 and low estimates of $1.00. In terms of 52-week highs and lows, IDEX has a high of $2.22 and a low of $0.38.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 1 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IDEX is Buy with a score of 3.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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