Ideanomics (IDEX) Scheduled to Post Quarterly Earnings on Monday

Ideanomics (NASDAQ:IDEX) will issue its quarterly earnings data after the market closes on Monday, May 17th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Ideanomics (NASDAQ:IDEX) last announced its quarterly earnings data on Wednesday, March 31st. The company reported ($0.18) EPS for the quarter. The firm had revenue of $11.07 million during the quarter. Ideanomics had a negative return on equity of 212.69% and a negative net margin of 998.07%.

Shares of IDEX stock opened at $2.46 on Friday. Ideanomics has a 12 month low of $0.37 and a 12 month high of $5.53. The firm has a market cap of $1.03 billion and a price-to-earnings ratio of -2.08. The stock has a 50-day moving average price of $2.77 and a 200 day moving average price of $2.73.

Separately, Roth Capital initiated coverage on Ideanomics in a report on Tuesday, April 20th. They set a “buy” rating and a $7.00 target price on the stock.

About Ideanomics

Ideanomics, Inc focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Its Ideanomics Mobility division facilitates the adoption of electric vehicles by commercial fleet operators. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles.

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Earnings History for Ideanomics (NASDAQ:IDEX)

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