Is IDEX a long-term hold?

Is IDEX a long-term hold?

IDEX may be a long-term stock as once the infrastructure is set up, the firm can benefit and add more offerings to it.” Note that analysts’ predictions can be wrong. Forecasts shouldn’t be used as a substitute for your own research. Always conduct your own due diligence before investing.

Similarly, How high does IDEX go?

On average, analysts forecast that IDEX’s EPS will be -$0.17 for 2022, with the lowest EPS forecast at -$0.26, and the highest EPS forecast at -$0.09. On average, analysts forecast that IDEX’s EPS will be -$0.07 for 2023, with the lowest EPS forecast at -$0.07, and the highest EPS forecast at -$0.07.

Does Ideanomics have a future? Ideanomics is bordering on breakeven, according to some American Machinery analysts. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$11m in 2024. The company is therefore projected to breakeven around 2 years from today.

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.

What kind of company is IDEX?

IDEX Corporation, based in Northbrook, Illinois, is a publicly traded company engaged in the development, design, and manufacture of fluidics systems and specialty engineered products.

IDEX Corporation.

Type Public
Traded as NYSE: IEX S&P 500 component
Industry Manufacturing
Founded 1988
Headquarters Northbrook, Illinois, U.S.

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Will Ideanomics stock rise?

The Ideanomics Inc. stock price gained 0.43% on the last trading day (Thursday, 14th Apr 2022), rising from $0.88 to $0.89. , and has now gained 3 days in a row.

Predicted Opening Price for Ideanomics Inc. of Monday, April 18, 2022.

Fair opening price April 18, 2022 Current price
$0.89 $0.89 (Undervalued)

What is IDEX Crypto?

IDEX is an Ethereum token that powers the IDEX decentralized exchange, which combines an order book and automated market maker (AMM). IDEX holders can stake tokens in order to help secure the protocol and earn rewards.

What companies does Ideanomics own?

Ideanomics, Inc.

It is made up of 5 subsidiaries including: VIA Motors, Solectrac, Treeletrik, Wave, and US Hybrid. The company provides turn-key vehicle, finance, leasing, and energy management services for commercial fleet operators.

Where is Ideanomics based?

The company is headquartered in New York, NY, with global operations in the U.S., China, Ukraine, Malaysia, and UK.

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.

Where is Ideanomics located?

Company Description: Ideanomics, Inc. is located in New York, NY, United States and is part of the Activities Related to Credit Intermediation Industry.

Who is behind IDEX?

Alex Wearn: One of the interesting things has just been the challenge of operating on a network that itself is dynamic and always changing.

Where is IDEX based?

IDEX is a global company with businesses in North America, South America, Europe, Asia, and Australia. We are headquartered in Northbrook, Illinois. Our regional operations and locations keep us connected to our customers and markets.

How big is IDEX?

With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global enterprise committed to making trusted solutions that improve lives.

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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.

How many shares of Ideanomics are there?

Institutional Ownership and Shareholders

Ideanomics Inc (US:IDEX) has 219 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 80,849,611 shares.

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