Ideanomics (NASDAQ:IDEX) Trading 40% Higher – Time to Buy?

Ideanomics, Inc. (NASDAQ:IDEXGet Free Report) shares were up 40% during trading on Wednesday . The stock traded as high as $0.26 and last traded at $0.14. Approximately 68,178 shares changed hands during trading, a decline of 75% from the average daily volume of 277,094 shares. The stock had previously closed at $0.10.

Ideanomics Trading Up 40.0 %

The stock has a market cap of $2.81 million, a price-to-earnings ratio of 0.00 and a beta of 0.25. The stock has a 50-day moving average price of $0.13 and a two-hundred day moving average price of $0.51.

Ideanomics Company Profile

(Get Free Report)

Ideanomics, Inc, through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia, Europe, and the United States. The company's Ideanomics Mobility business unit focuses on the commercial adoption of electric vehicles (EV) by commercial fleet operators.

Further Reading

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