Inpixon (NASDAQ:INPX) Shares Gap Down to $0.37

Inpixon (NASDAQ:INPX) shares gapped down prior to trading on Tuesday . The stock had previously closed at $0.51, but opened at $0.37. Inpixon shares last traded at $0.21, with a volume of 13,378,670 shares changing hands.

The business’s 50 day simple moving average is $0.46. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 0.03.

Inpixon (NASDAQ:INPX) last posted its quarterly earnings data on Monday, May 13th. The technology company reported ($0.91) earnings per share for the quarter. The firm had revenue of $1.36 million for the quarter. Inpixon had a negative return on equity of 265.29% and a negative net margin of 578.21%.

An institutional investor recently bought a new position in Inpixon stock. Bank of New York Mellon Corp acquired a new position in shares of Inpixon (NASDAQ:INPX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 11,402 shares of the technology company’s stock, valued at approximately $36,000. Bank of New York Mellon Corp owned 0.72% of Inpixon at the end of the most recent reporting period. 7.95% of the stock is owned by institutional investors and hedge funds.

Inpixon Company Profile (NASDAQ:INPX)

Inpixon, through its subsidiaries, provides big data analytics and location based products and related services for the cyber-security and Internet of things markets worldwide. The company operates in two segments, Indoor Positioning Analytics and Infrastructure. The Indoor Positioning Analytics segment offers various products and services, which are delivered on premise or in the Cloud, as well as hosted Software-as-a-Service based solutions.

Recommended Story: FAANG Stocks

Receive News & Ratings for Inpixon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inpixon and related companies with's FREE daily email newsletter.