The average price target is $4.40 with a high forecast of $6.00 and a low forecast of $3.00. The average price target represents a -6.98% change from the last price of $4.73.
Similarly, Does Transocean pay a dividend?
The current TTM dividend payout for Transocean (RIG) as of April 01, 2022 is $0.00. The current dividend yield for Transocean as of April 01, 2022 is 0.00%. Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells.
How high does IDEX go? IDEX stock hit a 2022 high of $1.44 in early January and a low of $0.87 later in the same month. In 2021 its stock price ranged from 88 cents to $5.53. In an interview with Capital.com, Vinod Jain, senior analyst at Aite-Novarica Group, said “the stock could see more volatility due to its current price point”.
Thereof, Is Ideanomics a Chinese company?
IDEX Stock and the Chinese EV Business
But it’s important to remember what Ideanomics’ Chinese EV business is at the moment. It’s a reseller. It buys vehicles in bulk and sells them individually, earning a spread in the process.
Is it good to buy IDEX stock?
Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.
Is IDEX a buy or sell?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80).
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is Ideanomics an American company?
The company is headquartered in New York City, New York in the United States.
Where is Ideanomics based?
The company is headquartered in New York, NY, with global operations in the U.S., China, Ukraine, Malaysia, and UK.
What kind of company is Ideanomics?
Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Mobile Energy Global (MEG) and Ideanomics Capital business units.
Is IDEX undervalued?
PB vs Industry: IEX is overvalued based on its PB Ratio (5.3x) compared to the US Machinery industry average (2.5x).
What does Ideanomics Inc do?
Company Description
Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Mobile Energy Global (MEG) and Ideanomics Capital business units.
Is IDEX a buy Zacks?
The company, with a $14.9-billion market capitalization, currently carries a Zacks Rank #2 (Buy). It is poised to benefit from a diversified business structure, strengthening end markets and buyouts in the quarters ahead.
Why is Ideanomics stock going up?
What happened. Shares of Ideanomics ( IDEX -6.25% ) soared today after the company announced that one of its subsidiaries, WAVE, anticipates it’ll have a reduction in electric vehicle (EV) charging costs, thanks to « recent manufacturing and engineering investments. » The tech stock was up by 15% for the day.
When did Ideanomics go public?
IDEX shares began trading publicly on the New York Stock Exchange on June 2, 1989. What was the IPO price? IDEX originally offered 3.3 million common shares at an initial price of $14.50.
Who is Ideanomics partnered with?
Ideanomics (NASDAQ: IDEX) (« Ideanomics » or the « Company ») has today announced a strategic partnership with Linghao Zhitong 3000, the leading SaaS platform for shipping and logistics management in…
How old is Ideanomics?
An Overview. Ideanomics was founded in the year 2004 and is headquartered in New York. The company operates in two divisions: Mobility and Capital. The Mobility division supports the adoption of electric vehicles by commercial fleet operators.
Is IDEX a pump and dump?
Hindenburg views IDEX stock as a pump-and-dump scheme “resulting in major shareholder losses or regulatory intervention.”
Is IDEX a penny stock?
(NASDAQ: IDEX) Ideanomics is a penny stock that we have discussed numerous times in the past few months. And in the past five days, shares of IDEX stock have shot up by almost 10%.
Is IDEX a debt?
What Is IDEX’s Debt? The image below, which you can click on for greater detail, shows that at September 2021 IDEX had debt of US$1.19b, up from US$1.04b in one year. However, it does have US$806.5m in cash offsetting this, leading to net debt of about US$383.6m.
What type of company is Ideanomics?
Ideanomics, Inc. operates as a financial technology company. The Company focuses on facilitating the adoption of commercial electric vehicles and developing next-generation financial services and Fintech products.
Who is the owner of Ideanomics?
History. The company was founded in 2004 by Shane McMahon who currently also serves as the chairman. Alf Poor is the incumbent chief executive officer serving since February 2019.
What IDEX owns?
In June 2021, IDEX Corporation completed its acquisition of Airtech Group, Inc., US Valve Corporation and related entities. In March 2022, IDEX Corporation completed its acquisition of Nexsight, LLC and its businesses – Envirosight, WinCan, MyTana and Pipeline Renewal Technologies (PRT).
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