Is Inpixon (INPX)’s Fuel Running Low? The Stock Reaches 52 Week Low Today

May 16, 2018 - By Clifton Ray

The stock of Inpixon (NASDAQ:INPX) hit a new 52-week low and has $0.35 target or 5.00 % below today’s $0.37 share price. The 9 months bearish chart indicates high risk for the $5.59M company. The 1-year low was reported on May, 16 by If the $0.35 price target is reached, the company will be worth $279,300 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 10.20% or $0.042 during the last trading session, reaching $0.367. About 1.85M shares traded. Inpixon (NASDAQ:INPX) has declined 98.82% since May 16, 2017 and is downtrending. It has underperformed by 110.37% the S&P500.

More important recent Inpixon (NASDAQ:INPX) news were published by: which released: “Inpixon’s (INPX) CEO Nadir Ali on Q1 2018 Results – Earnings Call Transcript” on May 16, 2018, also published article titled: “Inpixon Expands International Presence With Wave of New Channel Partnerships”, published: “Inpixon Reports First Quarter 2018 Financial Results and Provides Corporate Update” on May 15, 2018. More interesting news about Inpixon (NASDAQ:INPX) was released by: and their article: “Inpixon (INPX) Announces Public Offering in Effort to Satisfy NASDAQ’s Stockholders’ Equity Requirement” with publication date: April 19, 2018.

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 has market cap of $5.59 million. The firm operates through Mobile, IoT & Big Data Products; Storage and Computing; SaaS ; and Professional Services divisions. It currently has negative earnings. It offers AirPatrol, a location security and marketing platform for wireless and cellular devices to detect, monitor, and manage the content and behavior of smartphones, tablets, and other mobile devices based on their location and user; and Big Data appliance products.

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