Ideanomics, Inc., listed on the NASDAQ with a symbol IDEX, is a financial technology and asset modernisation services company. On 3rd of February 2021 its market capitalization was 109,107,748 USD which decreased by 4.6 million USD in comparison to 1st of February when it was 120,248,410 USD. The average volume traded on 3rd of February 2021 was 22.98 mln shares while the average 50 day and 200 day price averages are 0.1842 and 0.4339 respectively.
The current price per share is 0.155 USD which is 5.7% below yesterday’s closing rate and is lower than both the year high (1.15 USD) and year low (0.14 USD). The Earnings Per Share stands at -0.294 which means that for every share outstanding company currently loses almost 30 cents on its investment activities.
In conclusion, Ideanomics Inc.’s recent market performance has been relatively poor with share prices dropping significantly in comparison to previous year’s highs as well as daily declines becoming more frequent due to losses incurred by the company’s operations. Its market capitalization has also been steadily declining since 2nd of February 2021 which further supports this statement however investors should take into account that some of these losses are related to pandemic crisis that have affected many other companies within the same sector as well and therefore this alone doesn’t necessarily represent an accurate reflection of company’s financial situation at present time
