Does Inpixon (NASDAQ:INPX) presents a BIG investment opportunity?

In yesterday’s Wall Street session, Inpixon (NASDAQ:INPX) shares traded at $0.09, down -6.25% from the previous session.

As of this writing, 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 $0.10, this indicates a potential upside of 586487900.0 percent. INPX stock price is now -32.23% away from the 50-day moving average and -79.34% away from the 200-day moving average. The market capitalization of the company currently stands at $10.05M.

There are 1 analysts who have given it a hold rating, whereas 0 have given it a buy rating. Brokers who have rated the stock have averaged $586488.00 as their price target over the next twelve months.

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 $21,000. JANE STREET GROUP, LLC invested $5,000 in shares of INPX during the first quarter. In the first quarter, CITADEL ADVISORS LLC acquired a new stake in Inpixon valued at approximately $1,000. MILLENNIUM MANAGEMENT LLC acquired a new stake in INPX for approximately $1,000. EQUITEC PROPRIETARY MARKETS, LLC purchased a new stake in INPX valued at around $1,000 in the second quarter.

During the past 12 months, Inpixon has had a low of $0.09 and a high of $3.75. As of last week, the company has a debt-to-equity ratio of 1.70, a current ratio of 1.00, and a quick ratio of 0.86. The fifty day moving average price for INPX is $0.1309 and a two-hundred day moving average price translates $0.4268 for the stock.

The latest earnings results from Inpixon (NASDAQ: INPX) was released for Jun, 2023. The net profit margin was -418.45% and return on equity was -93.61% for INPX. 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.

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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