Sysorex Global (INPX) Shares Gap Down to $0.30
Sysorex Global (NASDAQ:INPX) gapped down prior to trading on Wednesday . The stock had previously closed at $0.29, but opened at $0.30. Sysorex Global shares last traded at $0.48, with a volume of 14,058,768 shares traded.
A number of equities research analysts have recently issued reports on the stock. B. Riley reissued a “neutral” rating and set a $0.25 price objective on shares of Sysorex Global in a research report on Sunday, August 27th. 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 50 day moving average price is $0.28 and its 200 day moving average price is $1.41. The firm’s market capitalization is $4.95 million.
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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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