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Ideanomics Inc. (NASDAQ:IDEX) went down by -5.16% from its latest closing price compared to the recent 1-year high of $5.53. IDEX is an electric vehicle play. NASDAQ: IDEX is trading around $1.44, down around 6% from the level it closed on Thursday, ahead of the long Independence Day weekend. Stock analysis for Ideanomics Inc (IDEX:NASDAQ CM) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Unfortunately, that has earned it a reputation of moving in and out of high-growth industries without ever stabilizing its position in any of them.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares have shot up 263% in the last year, largely down to its EV ambitions. View IEX's stock price, price target, dividend, earnings, financials, forecast, insider trades, news, and SEC filings at MarketBeat. Stocks that are quantitatively similar to IDEX, based on their financial statements, market capitalization, and price volatility, are FLMN, AG, MEC, TRNO, and MLP. 27, 2021-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended March 31, 2021 . IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a leading provider of fingerprint identification technologies offering simple, secure, and personal … It paid just $1.3 million for 15% of the company, per filings. r/IDEX_Stock: =[$IDEX Stock Subreddit]= "Digitizing Tomorrow" Discussion and Analysis of Ideanomics Stock How China is Leading the Way with Digital Currency Electronic Payment In the second post of our series on Central Bank Digital Currency (CBDC), Art Stewart, Global Head of Sales & Marketing, IDEX Biometrics, explains how China became the leader in digital currency electronic payment. Updated stock indexes in Asia-Pacific. But that seems a little ridiculous. For instance, it announced a 200,000-unit order for Treeletrik in Indonesia. IDEX's SEC filings can be seen here. But if you read the SEC filing, you see that the deal is with one distributor. Malaysia-based Treeletrik, for example, is an electric bike maker that wishes to serve the ASEAN region. Tuesday, May 04, 2021 10:20 AM | InvestorsObserver Analysts. ), the... IDEX business news. Do this now. From there, it’s a mess. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. IDEX share price tumbles another -5.80% in trading today. During 2019, Ideanomics booked significant revenue — over $40 million — from crypto activities. Faizan has several years of experience analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. NORTHBROOK, Ill. --(BUSINESS WIRE)--Apr. Fintech and IDEX Stock Similar questions hold in the fintech and crypto businesses. But if you look closely at all of these businesses — as we will shortly — the story becomes far less compelling. Ideanomics Inc is around the top of the Technology sector according to InvestorsObserver. However, the stock market often doesn’t respect fundamentals. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. 26 April 2021 Mandatory Notice of Trade in IDEX Biometrics – 26 April 2021. IDEX | Complete Ideanomics Inc. stock news by MarketWatch. In terms of forward P/S, the stock is currently trading at 11.30x, significantly higher than the 4.00x industry average. Major EV giants are focused on the European, Chinese and American markets. Trending now. However, its most exciting business segment is its electric vehicle division. Meanwhile, the corporation is unprofitable. Ideanomics Inc (NASDAQ: IDEX) is screaming for the top in the market this morning, clocking double-digit gains as investors pile in.However, if you’re looking for press releases or SEC filings, you’re not going to find anything. Is IDEX stock a good buy based on its future outlook? An additional $30 million in payouts is possible based on revenue. Real-time trade and investing ideas on Ideanomics, Inc. IDEX from the largest community of traders and investors. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. This year, Ideanomics purchased the company in a cash and stock deal worth $50 million. Founded in 2011, the company is a wireless fleet charging solution company similar to ChargePoint Holdings (NYSE:CHPT). 7 Retail Stocks With E-Commerce Locked In In its current iteration, Ideanomics is a diversified conglomerate. Finally, Ideanomics might be a crypto play as well. By the end of last year, the figure had increased to 419.3 million. Ideanomics Inc stock. It’s a reseller. View breaking news headlines for IDEX stock from trusted media outlets at MarketBeat. You can change your choices at any time by visiting Your Privacy Controls. Currency in USD, Trade prices are not sourced from all markets. A stake in a hot Italian motorcycle company cost $13 million for 20% ownership. And the idea that partners are going to build vehicles for Ideanomics — instead of doing so for their own brands — seems more than a bit much. In the long run, having Wave in its portfolio will pay dividends. IDEX Stock: An Intriguing Yet Confusing Story. Find the latest Ideanomics, Inc. (IDEX) stock quote, history, news and other vital information to help you with your stock trading and investing. We use our internally-built news screening methodology to estimate the value of Ideanomics based on different types of headlines from major news networks to social media. IDEX stock is both an intriguing fintech and exciting EV play, but investors want a bit more on the fundamentals side to be swayed. 7 Retail Stocks With E-commerce Locked In How is one small company going to win in all of these huge markets? So, the company is certainly moving in the right direction. And it’s a small spread. It owns an exchange, the Delaware Board of Trade. You can select 'Manage settings' for more information and to manage your choices. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Nothing has panned out. Since then, IEX stock has increased by 67.0% and is now trading at $225.19. The company’s stock price has collected 10.94% of gains in the last five trading sessions. For the full year 2020, revenues came in at $26.8 million, falling almost 40% year over year. Get the latest news and real-time alerts from Ideanomics, Inc. (IDEX) stock at Seeking Alpha. Ideanomics Inc. (NASDAQ:IDEX) went down by -5.16% from its latest closing price compared to the recent 1-year high of $5.53. Revenues are projected to grow to $15 million by 2022 from approximately $7 million in 2020. Apart from Treeletrik, I believe Wave is also an excellent addition to the company’s portfolio. HOME / BLOG / Digital Currency / . Maybe one of these acquisitions truly is a transformative home run. IDEX Corporation (IEX Quick Quote IEX - Free Report) reported better-than-expected results for the first quarter of 2021.Its earnings surpassed estimates by 7.09% and sales beat the … Press Release reported on 04/16/21 that /C O R R E C T I O N — Ideanomics/. Another 498,000 Americans filed new jobless claims 538,000 expected, 2.8000 +0.07 (2.56%)Pre-Market: 8:52AM EDT, Subscribe to Yahoo Finance Plus to view Fair Value for IDEX. Or, maybe, the story that has moved IDEX stock to a $1 billion-plus valuation just needs to be looked at a lot closer. However, these numbers need to translate into profits before one can comfortably look at IDEX stock as a buy-and-hold investment. IDEX Stock News. DOW 0.00%. Given the explosive interest in cryptocurrencies and non-fungible tokens (NFTs), there’s seemingly big potential here as well. Latest Share Price and Events. IDEX’s forward EV/Sales ratio currently stands at 9.94, 133.7% higher than the4.25 industry average. They are issuing massive amounts of equity and raising capital to fill up their war chest. The largest community of traders and investors million at the earliest into FNL stock poses a risk of dilution. Stock is one small company going to happen acquired online real estate transaction Services Timios... Point, a business called Intelligenta was supposed to be full of potential at. Company going to win in all, Ideanomics is now trading at $ 26.8 million, falling 50.7 over. 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