Inpixon (NASDAQ:INPX) Trading Down 5.5%

Inpixon (NASDAQ:INPX)’s stock price was down 5.5% on Friday . The stock traded as low as $0.52 and last traded at $0.52, approximately 36,248 shares were traded during mid-day trading. A decline of 98% from the average daily volume of 1,776,534 shares. The stock had previously closed at $0.55.

The company’s fifty day moving average price is $0.64. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.88 and a current ratio of 0.99.

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

A hedge fund recently bought a new stake in Inpixon stock. Nadler Financial Group Inc. bought a new stake in Inpixon (NASDAQ:INPX) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 50,000 shares of the technology company’s stock, valued at approximately $41,000. Nadler Financial Group Inc. owned approximately 0.72% of Inpixon as of its most recent SEC filing. Institutional investors own 11.72% of the company’s stock.

About Inpixon (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.

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