IDEX's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.2 -- higher than just 2.9% of US-listed equities with positive expected earnings growth.
In terms of twelve month growth in earnings before interest and taxes, Ideanomics Inc is reporting a growth rate of -2,689.25%; that's higher than only 0.85% of US stocks.
Revenue growth over the past 12 months for Ideanomics Inc comes in at -73.58%, a number that bests just 2.17% of the US stocks we're tracking.
If you're looking for stocks that are quantitatively similar to Ideanomics Inc, a group of peers worth examining would be TRGP, ASRT, VVNT, AR, and GPL.
Ideanomics, Inc. provides cloud-based software and services. 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.
On Tuesday, shares of Ideanomics (NASDAQ:IDEX) saw unusual options activity. After the option alert, the stock price moved down to $3.1. * Sentiment: BEARISH * Option Type: TRADE * Trade Type: CALL * Expiration Date: 2021-07-16 * Strike Price: $5.00 * Volume: 304 * Open Interest: 666Three Signs Of Unusual Options Activity Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. The number of contracts that have been traded, but not yet closed by either counterparty, is called open interest. A contract cannot be considered closed until there exists both a buyer and seller for it.Another indicator of unusual...
Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce its sponsorship in the North American Council for Freight Efficiency (NACFE). As Ideanomics prepares to launch its heavy truck and specialty electric vehicle unit, Medici Motor Works, in North America in 2021, it was imperative that the Company work with stakeholders and advocacy groups to understand the opportunities unique to the region.
Bloomberg New Energy Finance estimates that EV sales will reach 5.4 million in 2023 and account for 7 percent of global vehicle sales. President-elect Joe Biden's goal of achieving a U.S. 100 percent clean-energy economy should also help the electric vehicle thrive this year and beyond.Although the year just started, EV stocks are on fire. Some prominent EV players such as Nio Inc (NYSE: NIO), Tesla Inc (NASDAQ: TSLA), and Niu Technologies (NASDAQ: NIU) have already gained more than 20% year-to-date.NIO On January 3, NIO revealed its fourth quarter and full-year delivery figures. Nio had a monthly record in December by delivering 7,007 vehicles. Moreover, its cumulative deliveries of its ES8, ES6, and EC6 models hit 75,641 vehicles, confirming its growing brand recognition and expandin...
Hillenbrand has agreed to sell its Abel pumps and certain affiliates to IDEX Corp. for $103.5 million in cash. The company said that the divestment is in-line with its strategy to exit its flow control business and streamline its portfolio. Hillenbrand (HI) plans to use the Abel sale proceeds to reduce its leverage, and thereby improve its balance sheet. The company expects the deal with IDEX (IEX) to close in the second quarter of fiscal 2021, ending in March. Earlier this month, Hillenbrand completed the divestment of its Red Valve business to DeZURIK Inc. for $63 million and used the proceeds to deleverage its balance sheet.