Investors need to see the forecast for Inpixon (INPX)
What’s up with Inpixon?
Inpixon (INPX) opened at $1.11, which means the stock is up 3.61% from yesterday’s closing price of 1.10. Today, the company has a high of $1.19 and a low of $1.06. The company has a market cap of $14.39 million with a 52-week high of $42.71 and a 52-week low of $1.01.
What about the future for Inpixon?
The high forecast for Inpixon is $5.00 while the low is $0.20. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Inpixon has a weak forecast. A weak forecast is due to the company posting consistent losses in their earning reports. The future outlook does not seem too bright as this could potentially cause the company to file for bankruptcy. Based on this information INPX seems to be a risky buy.
Inpixon engages in the provision of indoor positioning and data analytics services. It operates through the Indoor Positioning Analytics and Infrastructure segments. The Indoor Positioning Analytics segment includes Inpixon’s proprietary products and services delivered on premise or in the cloud as well as hosted software-as-a-service based solutions. The Infrastructure segment offers third party hardware, software and related maintenance or warranty products and services. The company was founded by Abdus Salam Qureishi in 1972 and is headquartered in Palo Alto, CA.