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Can Ideanomics Inc (IDEX) Stock Rise to the Top of Technology Sector Friday?

Friday, December 03, 2021 01:45 PM | InvestorsObserver Analysts
Can Ideanomics Inc (IDEX) Stock Rise to the Top of Technology Sector Friday?

The 33 rating InvestorsObserver gives to Ideanomics Inc (IDEX) stock puts it near the middle of the Technology sector. In addition to scoring higher than 59 percent of stocks in the Technology sector, IDEX’s 33 overall rating means the stock scores better than 33 of all stocks.

Overall Score - 33
IDEX has an Overall Score of 33. Find out what this means to you and get the rest of the rankings on IDEX!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 33 means the stock is more attractive than 33 percent of stocks. These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Ideanomics Inc Stock Today?

Ideanomics Inc (IDEX) stock is trading at $1.39 as of 1:45 PM on Friday, Dec 3, a decline of -$0.10, or -6.42% from the previous closing price of $1.48. The stock has traded between $1.36 and $1.48 so far today. Volume today is below average. So far 7,855,399 shares have traded compared to average volume of 11,911,491 shares. Click Here to get the full Stock Report for Ideanomics Inc stock.

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