Sysorex Global (INPX) Trading 6.1% Higher
Sysorex Global (NASDAQ:INPX)’s share price traded up 6.1% during mid-day trading on Tuesday . The company traded as high as $0.25 and last traded at $0.24. 1,454,009 shares traded hands during mid-day trading, an increase of 58% from the average session volume of 919,335 shares. The stock had previously closed at $0.22.
A number of equities analysts have recently issued reports on the company. B. Riley restated a “buy” rating on shares of Sysorex Global in a research note on Friday, May 12th. Zacks Investment Research upgraded Sysorex Global from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th.
The stock has a 50-day moving average price of $0.42 and a 200-day moving average price of $1.85. The stock’s market cap is $2.39 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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