Analysts Update Their Price Forecasts For Inpixon (INPX)


After grabbing 68198.0 shares, the institutional investor is now in possession of 68198.0 shares of the Technology Company. The new investment brought the stake of investor firm to 0.17% having worth around $99569.0. Moreover, Citadel Advisors LLC increased its share by 36075.0 to have a control over 36075.0 shares. And Squarepoint OPS LLC raised its holdings to 28420.0 shares by acquiring 28420.0 shares or 0.07% of the stake.

Inpixon (INPX) concluded trading on 08/27/20 at a closing price of $1.23, with 1.4 million shares of worth about $1.72 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -8.89% during that period and on Thursday the price saw a loss of about -2.38%. Currently the company’s common shares owned by public are about 41.78M shares, out of which, 41.76M shares are available for trading.

A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analyst is covering the INPX stock and their offered price forecasts bring an average price target of $12000.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $12000.00 and could fall to a lowest price of $12000.00. However, touching the estimated high of $12000.00 would mean a gain of 99.99% for the stock.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.

Vanguard Extended Market Index Fu, USAA Extended Market Index Fund, and iShares Core S&P Total US Stock M are the top 3 mutual funds which are holding stakes in Inpixon Vanguard Extended Market Index Fu is currently holding 59714.0 shares of worth totaling $87182.0. The company recently came buying 59342.0 shares which brought its stake up to 0.15% of the company’s outstanding shares. USAA Extended Market Index Fund bought 3245.0 shares, after which its hold over company’s outstanding shares expand to 0.01%, leaving 4075.0 shares with the mutual fund that have a worth of about $5950.0. iShares Core S&P Total US Stock M, after buying 1.0 shares, have now control over 0.00% of the stake in the company. It holds 0.0 shares of worth $1.0.

Inpixon (NASDAQ: INPX) started trading at $1.23, below -$0.03 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $1.23, or with a loss of -2.38%. Stock saw a price change of -8.89% in past 5 days and over the past one month there was a price change of -17.45%. Year-to-date (YTD), INPX shares are showing a performance of -74.92% which decreased to -84.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.01 but also hit the highest price of $29.25 during that period. While comparing its average daily trading volume of 7.19 million shares, we see that about 1.4 million changed hands on the day. The stock is currently trading -12.92% below its 20-day simple moving average (SMA20), while that difference is down -12.73% for SMA50 and it goes to -43.51% lower than SMA200.

Jane Street Capital LLC acquired 68198.0 shares of Inpixon having value of about $99569.0. Inpixon (NASDAQ: INPX) currently have 41.78M outstanding shares and institutions hold larger chunk of about 1.10% of that. Holding of mutual funds in the company is about 0.16% while other institutional holders and individual stake holders have control over 0.31% and 0.00% of the stake respectively.

The stock has a current market capitalization of $52.56M and its 3Y-monthly beta is at 2.36. It has posted earnings per share of -$22.19 in the same period. It has Quick Ratio of 3.40 while making debt-to-equity ratio of 0.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for INPX, volatility over the week remained 4.86% while standing at 7.42% over the month.

Analysts are in expectations that Inpixon (INPX) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter ESPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$2,340 in the same quarter a year ago.

Analysts at 1 brokerage firms have issued recommendations for the Inpixon (INPX)’s stock out of those 1 Wall Street analysts, 0 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.


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