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Ideanomics
(NASDAQ:IDEX)
Why is it moving?
Shares of companies in the broader industrials sector are trading lower as stocks pull back after gaining on Wednesday. Jobless claims for September came in below estimates, adding to concern of further Fed rate hikes which could impact economic activity and consumer spending.
$0.295
-0.0399[-11.91%]
At close: Sep 29
$0.2953
0.0003[0.10%]
After Hours: 7:16PM EDT
Day Range0.29 - 0.3452 Wk Range0.32 - 1.45Open / Close0.33 / 0.3Float / Outstanding486.5M / 494.5M
Vol / Avg.15.1M / 4.6MMkt Cap145.9MP/E-50d Avg. Price0.6
Div / Yield-Payout Ratio-Total Float486.5MEPS-0.08

Ideanomics Stock (NASDAQ:IDEX), Quotes and News Summary

Ideanomics Stock (NASDAQ: IDEX)

Day Range0.29 - 0.3452 Wk Range0.32 - 1.45Open / Close0.33 / 0.3Float / Outstanding486.5M / 494.5M
Vol / Avg.15.1M / 4.6MMkt Cap145.9MP/E-50d Avg. Price0.6
Div / Yield-Payout Ratio-Total Float486.5MEPS-0.08
Sector: Industrials.Industry: Machinery
Ideanomics Inc is a Global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and Fintech products. Its electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity, as well as, financing and charging solutions for a model (S2F2C). Ideanomics Capital provides fintech solutions that include intelligent and innovative financial services and solutions powered by AI and blockchain. Together, MEG and Ideanomics Capital, provide their customers and partners with more efficient solutions for a greener economy.The Company operates in one segment with two business units, Ideanomics Mobility and Ideanomics Capital.
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Earnings

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Q3 2022Est.ActualSurprise
EPS
(EXPECTED)2022-11-14
REV
Q2 2022Est.ActualSurprise
EPS-0.060-0.080 -0.0200
REV74.500M34.202M-40.298M

Analyst Ratings

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DateAnalyst FirmAnalyst NameActionRatingAction Price Prior Price Target

Ideanomics Questions & Answers

Q
How do I buy Ideanomics (IDEX) stock?
A

You can purchase shares of Ideanomics (NASDAQ: IDEX) through any online brokerage.

View our list of the best stock brokerages.

Q
Who are Ideanomics's (IDEX) competitors?
Q
What is the target price for Ideanomics (IDEX) stock?
A

The latest price target for Ideanomics (NASDAQ: IDEX) was reported by Cantor Fitzgerald on Friday, February 11, 2022. The analyst firm set a price target for 3.00 expecting IDEX to rise to within 12 months (a possible 916.95% upside). 1 analyst firms have reported ratings in the last year.

Q
Current Stock Price for Ideanomics (IDEX)?
A

The stock price for Ideanomics (NASDAQ: IDEX) is $0.295 last updated Today at September 29, 2022, 8:00 PM UTC.

Q
Does Ideanomics (IDEX) pay a dividend?
A

There are no upcoming dividends for Ideanomics.

Q
When is Ideanomics (NASDAQ:IDEX) reporting earnings?
A

Ideanomics’s Q3 earnings are confirmed for Monday, November 14, 2022.

Q
Is Ideanomics (IDEX) going to split?
A

There is no upcoming split for Ideanomics.

Q
What sector and industry does Ideanomics (IDEX) operate in?
A

Ideanomics is in the Industrials sector and Machinery industry. They are listed on the NASDAQ.