Inpixon [NASDAQ: INPX] closed the trading session at $1.38 on 02/23/21. The day’s price range saw the stock hit a low of $1.10, while the highest price level was $1.44. The company report on February 17, 2021 that Inpixon Announces Pricing of $20.0 Million Registered Direct Offering Priced At-The-Market.
Inpixon (Nasdaq: INPX), the Indoor Intelligence™ company, announced that on February 16, 2021 it entered into a securities purchase agreement with a single institutional investor to purchase 9,950,250 shares of common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 9,950,250 shares of common stock at a purchase price of $2.01 per share (or $2.009 per pre-funded warrant) and accompanying warrant in a registered direct offering priced at-the-market under Nasdaq rules. The warrants have an exercise price of $2.01 per share, are exercisable immediately, and will expire five years following the date of issuance.
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Maxim Group LLC is acting as the sole placement agent in connection with the offering.
The stocks have a year to date performance of 35.29 percent and weekly performance of -34.60 percent. The stock has been moved at 4.55 percent over the last six months. The stock has performed -14.81 percent around the most recent 30 days and changed 25.45 percent over the most recent 3-months.
If compared to the average trading volume of 8.61M shares, INPX reached to a volume of 13602533 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Inpixon [INPX]:
The Average True Range (ATR) for Inpixon is set at 0.29, with the Price to Sales ratio for INPX stock in the period of the last 12 months amounting to 13.34. The Price to Book ratio for the last quarter was 1.45, with the Price to Cash per share for the same quarter was set at 0.45.
INPX stock trade performance evaluation
Inpixon [INPX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -34.60. With this latest performance, INPX shares dropped by -14.81% in over the last four-week period, additionally plugging by 4.55% over the last 6 months – not to mention a drop of -47.53% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for INPX stock in for the last two-week period is set at 43.74, with the RSI for the last a single of trading hit 38.10, and the three-weeks RSI is set at 46.91 for Inpixon [INPX]. The present Moving Average for the last 50 days of trading for this stock 1.3517, while it was recorded at 1.7220 for the last single week of trading, and 1.2798 for the last 200 days.
Inpixon [INPX]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Inpixon [INPX] shares currently have an operating margin of -478.65 and a Gross Margin at -7.27. Inpixon’s Net Margin is presently recorded at -539.45.
Return on Total Capital for INPX is now -251.66, given the latest momentum, and Return on Invested Capital for the company is -580.15. Return on Equity for this stock declined to -629.06, with Return on Assets sitting at -203.56. When it comes to the capital structure of this company, Inpixon [INPX] has a Total Debt to Total Equity ratio set at 148.07. Additionally, INPX Total Debt to Total Capital is recorded at 59.69, with Total Debt to Total Assets ending up at 42.02. Long-Term Debt to Equity for the company is recorded at 13.90, with the Long-Term Debt to Total Capital now at 5.60.
Reflecting on the efficiency of the workforce at the company, Inpixon [INPX] managed to generate an average of -$311,844 per employee. Receivables Turnover for the company is 5.11 with a Total Asset Turnover recorded at a value of 0.38.Inpixon’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.90 and a Current Ratio set at 2.90.
Earnings per share (EPS) analysis for Inpixon [INPX] stock
With the latest financial reports released by the company, Inpixon posted -2340/share EPS, while the average EPS was predicted by analysts to be reported at -1980/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -18.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for INPX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Inpixon go to 20.00%.
Inpixon [INPX]: Insider Ownership positions
There are presently around $7 million, or 5.90% of INPX stock, in the hands of institutional investors. The top three institutional holders of INPX stocks are: HUDSON BAY CAPITAL MANAGEMENT LP with ownership of 3,000,000, which is approximately New of the company’s market cap and around 0.09% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 920,578 shares of the stock with an approximate value of $1.27 million in INPX stocks shares; and VANGUARD GROUP INC, currently with $0.57 million in INPX stock with ownership of nearly 288.837% of the company’s market capitalization.
Positions in Inpixon stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 11 institutional holders increased their position in Inpixon [NASDAQ:INPX] by around 4,583,274 shares. Additionally, 7 investors decreased positions by around 197,416 shares, while 6 investors held positions by with 129,772 shares. The mentioned changes placed institutional holdings at 4,910,462 shares, according to the latest SEC report filing. INPX stock had 6 new institutional investments in for a total of 3,997,425 shares, while 5 institutional investors sold positions of 159,145 shares during the same period.