Does Inpixon (NASDAQ:INPX) warrant a purchase right now? What to Consider Before Making a Decision

Inpixon (NASDAQ:INPX) shares traded -1.42% lower at $0.15 on Wall Street last session.

In accordance with the data, 1 analysts cover Inpixon (NASDAQ:INPX). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $586488.00 and a low of $586488.00, we find $586488.00. Given the previous closing price of $0.16, this indicates a potential upside of 366554900.0 percent. INPX stock price is now -15.42% away from the 50-day moving average and -80.95% away from the 200-day moving average. The market capitalization of the company currently stands at $10.67M.

It has been rated a hold by 1 analysts and a buy by 0. Brokers who have rated the stock have averaged $586488.00 as their price target over the next twelve months.

A total of 0.06% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in INPX stock. A new stake in Inpixon shares was purchased by VANGUARD GROUP INC during the first quarter worth $35,000. JANE STREET GROUP, LLC invested $8,000 in shares of INPX during the first quarter. In the first quarter, CITADEL ADVISORS LLC acquired a new stake in Inpixon valued at approximately $2,000. MILLENNIUM MANAGEMENT LLC acquired a new stake in INPX for approximately $2,000. In total, there are 19 active investors with 3.90% ownership of the company’s stock.

Inpixon (NASDAQ: INPX) opened at $0.1597 on Wednesday. During the past 12 months, Inpixon has had a low of $0.11 and a high of $13.35. As of last week, the company has a debt-to-equity ratio of 1.64, a current ratio of 1.00, and a quick ratio of 0.90. The fifty day moving average price for INPX is $0.1802 and a two-hundred day moving average price translates $0.7877 for the stock.

The latest earnings results from Inpixon (NASDAQ: INPX) was released for Jun, 2023. According to the Software – Application Company, earnings per share came in at -$7,168,500, missing analysts’ expectations of -$5,872,500 by -1,296,000. This compares to -$5.88 EPS in the same period last year. The company reported revenue of $2.06 million for the quarter, compared to $2.58 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.15 percent. For the current quarter, analysts expect INPX to generate $11.92M in revenue.

Inpixon(INPX) Company Profile

Inpixon, together with its subsidiaries, operates as an indoor intelligence company in the United States, Canada, India, Germany, Philippines, Ireland, the United Kingdom, and internationally. It operates through three segments: Indoor Intelligence, Saves, and Shoom. The Indoor Intelligence segment offers Internet of Things (IoT) software as a service platform that provides industrial IoT space, including enterprise class, multi-technology RTLS IoT platform for industrial automation; RTLS asset tracking hardware, such as end-to-end portfolio of IoT sensors, and tracking tags to track assets or personnel; Inpixon nanoLOC transceiver, a low-power, highly integrated mixed-signal chip; and video integration solution uses IoT analytics data and allows direct integration with leading video management systems and CCTV. This segment also provides augmented reality and 3D allow businesses to scan a space and attach AR content persistently to any position; analytics and insights, a cloud-based analytics platform allows data from multiple sensors and data sources to be visualized for action by the operator; and wireless device detection for security solutions cultivates situational awareness and identify security risks by leveraging sensors with proprietary technology that can detect and position active cellular, Wi-Fi, Bluetooth, and UWB signals. The Shoom segment offers digital solutions or cloud-based applications and analytics for the media and publishing industry, including eTearsheets and eInvoice. The Saves segments provide a set of data analytics and statistical visualization software solutions for engineers and scientists comprising SigmaPlot, SigmaStat, SYSTAT, PeakFit, TableCurve 2D, TableCurve 3D, SigmaScan, and MYSTAT. The company was formerly known as Sysorex Global and changed its name to Inpixon in March 2017. Inpixon is headquartered in Palo Alto, California.

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