Wednesday, April 14, 2021 1:44:19 PM
https://investors.ideanomics.com/
And their phone number in NY is 212-206-1216
Here is some info:
https://www.macrotrends.net/stocks/charts/IDEX/ideanomics-inc/stock-price-history
What a history they have! Price to sales is at 21.68, was 2.2 at end of 2019. Sales are down right now, but assets are building and they have some potential big orders in the electric-vehicle space.
One analyst set target at $7. They have potential. Their stock was once over $300 in 2008, then it went completely bust as did a whole host of others in 2008 during the meltdown.
They are probably in a better position in the next three years than Blink which has a price to sales of 212 right now. Optimism but not much sales.
The assets of Ideonomics are increasing and this might kick up the revenues and get profits up.
With the acquistion of Tree, they will be a big player in the 3rd-world EV space.
They have some near-term volatility to play off of. Maybe make some money and invest for the long-term but sell and buy half or 1/4 of your shares each day as the market swings.
Hard to tell but certainly a possibility, but until I see the orders going out the door and another earnings release, I'll Zack's HOLD this one rather than empty my piggy-bank.
JMO
PS
Couple more articles that are pretty optimistic:
InvestorPlace
https://investorplace.com/2021/04/idex-stock-is-an-interesting-long-term-ev-and-fintech-play/
Revenues might be growing in part due to EV - batteries, bikes, etc.., and some other stuff.
Benzinga
https://www.benzinga.com/trading-ideas/long-ideas/21/04/20618002/whats-going-on-with-dogecoin-bitcoin-idex-stock-and-ual-stock
Lastly, the Tree acquisition is a BIG DEAL:
https://ih.advfn.com/stock-market/NASDAQ/ideanomics-IDEX/stock-news/84825312/tree-technologies-inks-deal-to-supply-200-000-e-mo
Recent IDEX News
- Mutual Trust Bank launches biometric cards with IDEX Biometrics in Bangladesh • GlobeNewswire Inc. • 04/02/2024 06:54:00 AM
- Solectrac Announces Strategic Reorganization to Further Amplify Electrification Efforts and Enhance Customer Support • GlobeNewswire Inc. • 03/27/2024 12:00:00 PM
- Ideanomics Announces Fourth-Quarter and Full-Year 2023 Earnings Call Details • GlobeNewswire Inc. • 03/25/2024 11:56:49 AM
- DenizBank launches biometric payment cards in Turkey based on IDEX Pay • GlobeNewswire Inc. • 03/18/2024 10:30:00 AM
- Turkish bank launches biometric payment cards based on IDEX Pay • GlobeNewswire Inc. • 03/18/2024 08:01:45 AM
- IDEX Biometrics receives IDEX Access production order from Sentry Enterprises • GlobeNewswire Inc. • 03/15/2024 07:30:00 AM
- WAVE Charging Appoints Macy Neshati as General Manager to Spearhead Expansion and Scale • GlobeNewswire Inc. • 03/11/2024 11:58:29 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 10:13:57 PM
- IDEX Biometrics and UK fintech to launch biometric cards for payment accessibility • GlobeNewswire Inc. • 03/01/2024 08:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 10:00:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/23/2024 10:07:27 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:30:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/08/2024 09:52:14 PM
- KONA I to introduce biometric smart cards with IDEX Biometrics in Japan • GlobeNewswire Inc. • 02/08/2024 09:59:11 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/31/2024 01:12:21 PM
- Energica Inside Signs Agreement with Nimbus to Provide Customized Electric Powertrain • GlobeNewswire Inc. • 01/30/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/26/2024 01:09:32 PM
- WAVE Charging Sets Industry Milestone with First-Ever OEM-Approved Commercial Wireless Charging Integration in Kenworth's Class 6 Electric Trucks • GlobeNewswire Inc. • 01/24/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 12:30:06 PM
- WAVE Charging Announces Receipt of Purchase Order from Leading Retail and Logistics Company • GlobeNewswire Inc. • 01/18/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 12:50:00 PM
- First Planned Deployment of 500kW Inductive Charger to Power Electric Trucks in Cold Climates • GlobeNewswire Inc. • 01/16/2024 12:00:00 PM
- Registration of share consolidation (reverse split) in IDEX Biometrics - 8 Jan 2024 • GlobeNewswire Inc. • 01/08/2024 03:00:00 PM
- IDEX Biometrics has entered into convertible loan agreement • GlobeNewswire Inc. • 12/26/2023 10:59:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/22/2023 09:06:20 PM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM
Kona Gold Beverages, Inc. Prepares for First Production Run Set to Launch May 17, 2024 • KGKG • Apr 22, 2024 8:30 AM