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NASDAQ:IDEXIdeanomics Stock Price, Forecast & News

+0.01 (+2.45 %)
(As of 05/22/2020 04:00 PM ET)
Today's Range
Now: $0.42
50-Day Range
MA: $0.65
52-Week Range
Now: $0.42
Volume10.47 million shs
Average Volume1.52 million shs
Market Capitalization$70.09 million
P/E RatioN/A
Dividend YieldN/A
Ideanomics, Inc. operates as a financial technology and asset digitization services company. The company operates in two segments, Legacy YOD and Wecast Service. It engages in the provision of business consulting services related to traditional financings, as well as in developing digital asset securitization services through artificial intelligence and blockchain enabled financial services platforms. In addition, the company engages in consumer electronics e-commerce and smart supply chain management operations, as well as in oil trading business. Further, it provides premium content and integrated value-added service solutions for the delivery of video on demand and paid video programing to digital cable providers, Internet protocol television providers, over-the-top streaming providers, mobile manufacturers, and operators, as well as direct customers. The company was formerly known as Seven Stars Cloud Group, Inc. Ideanomics, Inc. was founded in 2004 and is headquartered in New York, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.52 out of 5 stars

Industry, Sector and Symbol

Industry Cable & other pay television services
SectorBusiness Services
Current SymbolNASDAQ:IDEX



Sales & Book Value

Annual Sales$44.57 million
Book Value$0.31 per share


Net Income$-97,680,000.00
Net Margins-726.61%


Market Cap$70.09 million
Next Earnings Date8/12/2020 (Estimated)

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Ideanomics (NASDAQ:IDEX) Frequently Asked Questions

How has Ideanomics' stock been impacted by COVID-19 (Coronavirus)?

Ideanomics' stock was trading at $0.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IDEX stock has increased by 23.1% and is now trading at $0.4185. View which stocks have been most impacted by Coronavirus.

When is Ideanomics' next earnings date?

Ideanomics is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020. View our earnings forecast for Ideanomics.

How were Ideanomics' earnings last quarter?

Ideanomics (NASDAQ:IDEX) posted its quarterly earnings results on Monday, May, 11th. The company reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $0.38 million for the quarter. Ideanomics had a negative return on equity of 159.65% and a negative net margin of 726.61%. View Ideanomics' earnings history.

Has Ideanomics been receiving favorable news coverage?

Press coverage about IDEX stock has trended extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ideanomics earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutIdeanomics.

Who are some of Ideanomics' key competitors?

What other stocks do shareholders of Ideanomics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ideanomics investors own include Co-Diagnostics (CODX), Blue Apron (APRN), Actinium Pharmaceuticals (ATNM), Biocept (BIOC), Digital Ally (DGLY), Ford Motor (F), FuelCell Energy (FCEL), General Electric (GE), Ibio (IBIO) and Inpixon (INPX).

Who are Ideanomics' key executives?

Ideanomics' management team includes the following people:
  • Dr. Zheng Wu, Exec. Chairman (Age 53)
  • Mr. Alfred P. Poor, Pres, CEO, COO & Director (Age 49)
  • Mr. Shane B. McMahon, Founder & Vice Chairman (Age 49)
  • Mr. Richard Frankel, Exec. Vice Chairman (Age 54)
  • Mr. Federico Tovar, Chief Financial Officer (Age 45)

What is Ideanomics' stock symbol?

Ideanomics trades on the NASDAQ under the ticker symbol "IDEX."

Who are Ideanomics' major shareholders?

Ideanomics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.86%), State Street Corp (0.89%), Geode Capital Management LLC (0.49%), Bank of New York Mellon Corp (0.17%), JPMorgan Chase & Co. (0.11%) and Alliancebernstein L.P. (0.05%).

Which institutional investors are selling Ideanomics stock?

IDEX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley.

Which institutional investors are buying Ideanomics stock?

IDEX stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Geode Capital Management LLC, State Street Corp, JPMorgan Chase & Co., Bank of New York Mellon Corp, Alliancebernstein L.P., SG Americas Securities LLC, and American International Group Inc..

How do I buy shares of Ideanomics?

Shares of IDEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Ideanomics' stock price today?

One share of IDEX stock can currently be purchased for approximately $0.42.

How big of a company is Ideanomics?

Ideanomics has a market capitalization of $70.09 million and generates $44.57 million in revenue each year. Ideanomics employs 50 workers across the globe.

What is Ideanomics' official website?

The official website for Ideanomics is www.ideanomics.com.

How can I contact Ideanomics?

Ideanomics' mailing address is 55 BROADWAY 19TH FLOOR, NEW YORK NY, 10006. The company can be reached via phone at 212-206-1216 or via email at [email protected]

This page was last updated on 5/24/2020 by MarketBeat.com Staff

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