Ideanomics Inc

Company Profile

Ideanomics Inc had its IPO on 2007-05-23 under the ticker symbol IDEX.

The company operates in the Industrials sector and Farm & Heavy Construction Machinery industry. Ideanomics Inc has a staff strength of 565 employees.

Stock update

Shares of Ideanomics Inc opened at $2.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.14 - $2.34, and closed at $2.32.

This is a +8.92% increase from the previous day's closing price.

A total volume of 661,471 shares were traded at the close of the day’s session.

In the last one week, shares of Ideanomics Inc have slipped by -21.89%.

Ideanomics Inc's Key Ratios

Ideanomics Inc has a market cap of $35.62 million, indicating a price to book ratio of 0.4375 and a price to sales ratio of 1.0634.

In the last 12-months Ideanomics Inc’s revenue was $103.16 million with a gross profit of $-815000 and an EBITDA of $-132588000. The EBITDA ratio measures Ideanomics Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Ideanomics Inc’s operating margin was -144.16% while its return on assets stood at -25.68% with a return of equity of -158.82%.

In Q2, Ideanomics Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 12.8%.

Ideanomics Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-56.88 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ideanomics Inc’s profitability.

Ideanomics Inc stock is trading at a EV to sales ratio of 1.1012 and a EV to EBITDA ratio of -0.4377. Its price to sales ratio in the trailing 12-months stood at 1.0634.

Ideanomics Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$316.99 million

Total Liabilities

$128.14 million

Operating Cash Flow

$-2201000.00

Capital Expenditure

$132000

Dividend Payout Ratio

0%

Ideanomics Inc ended 2024 with $316.99 million in total assets and $0 in total liabilities. Its intangible assets were valued at $316.99 million while shareholder equity stood at $96.84 million.

Ideanomics Inc ended 2024 with $0 in deferred long-term liabilities, $128.14 million in other current liabilities, 916000.00 in common stock, $-951099000.00 in retained earnings and $51.37 million in goodwill. Its cash balance stood at $18.88 million and cash and short-term investments were $18.88 million. The company’s total short-term debt was $13,871,000 while long-term debt stood at $1.89 million.

Ideanomics Inc’s total current assets stands at $75.51 million while long-term investments were $0.00 and short-term investments were $0. Its net receivables were $8.56 million compared to accounts payable of $57.60 million and inventory worth $27.35 million.

In 2024, Ideanomics Inc's operating cash flow was $-2201000.00 while its capital expenditure stood at $132000.

Comparatively, Ideanomics Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.32

52-Week High

$67.775

52-Week Low

$2.04

Analyst Target Price

$1

Ideanomics Inc stock is currently trading at $2.32 per share. It touched a 52-week high of $67.775 and a 52-week low of $67.775. Analysts tracking the stock have a 12-month average target price of $1.

Its 50-day moving average was $7.9 and 200-day moving average was $13.49 The short ratio stood at 2.48 indicating a short percent outstanding of 0%.

Around 961% of the company’s stock are held by insiders while 250.6% are held by institutions.