Sysorex Global (INPX) Hits New 12-Month Low at $0.42
Sysorex Global (NASDAQ:INPX) shares reached a new 52-week low on Wednesday . The company traded as low as $0.42 and last traded at $0.41, with a volume of 2,030,152 shares traded. The stock had previously closed at $0.52.
A number of research analysts have weighed in on INPX shares. B. Riley reissued a “buy” rating on shares of Sysorex Global in a research report on Tuesday, April 18th. Zacks Investment Research raised shares of Sysorex Global from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th.
The stock’s market capitalization is $939785.00. The firm has a 50-day moving average price of $0.86 and a 200-day moving average price of $2.43.
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About Sysorex Global
Inpixon, formerly Sysorex Global, provides data analytics and location-based solutions and services to commercial and government customers across the world. The Company operates through four segments: Mobile, IoT & Big Data Products, which includes its AirPatrol product line and on-premise big data appliance product; Storage and Computing, which includes third-party hardware, software and related maintenance/warranty products and services that the Company resells; SaaS Revenues, which provides software-as-a-services or Internet-based hosted services, and Professional Services, which offers general information technology (IT) services.
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