MARKET

IDEX

IDEX

Ideanomics Inc
NASDAQ

Real-time Quotes | Nasdaq Last Sale

0.9398
-0.0230
-2.39%
After Hours: 0.9228 -0.017 -1.81% 19:02 10/23 EDT
OPEN
0.9500
PREV CLOSE
0.9628
HIGH
0.9600
LOW
0.8811
VOLUME
6.30M
TURNOVER
--
52 WEEK HIGH
3.980
52 WEEK LOW
0.2760
MARKET CAP
223.02M
P/E (TTM)
-0.8278
1D
5D
1M
3M
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5Y
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InvestmentPitch Media Video Discusses Ideanomics' Purchase of 15% of Northern California-Based Solectrac, a Pioneer in Electric Tractors - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2020) -  (NASDAQ: IDEX), a global company focused on monetizing the adoption of commercial electric vehicles and associated energy consumption, has acquired 15% of Northern California-based Solectrac Inc for $1.3 million. Founded in 2012, Solectrac develops, assembles and distributes 100% battery-powered electric tractors for agriculture and utility operations.For more information, please view the InvestmentPitch Media "video" which provides additional information about this news and the company. If ...
Newsfile · 11h ago
Ideanomics +15% PM, invests in California-based e-Tractor company
Ideanomics (IDEX) acquires a 15% stake in e-Tractor company Solectrac for a consideration of $1.3M.Solectrac develops, assembles and distributes 100% battery-powered electric tractors—an alternative to diesel tractors—for agriculture and utility operations.This
Seekingalpha · 1d ago
Ideanomics acquires 15% of Solectrac for $1.3M
Ideanomics (IDEX) acquires a 15% stake in e-Tractor company Solectrac for a consideration of $1.3M.Solectrac develops, assembles and distributes 100% battery-powered electric tractors—an alternative to diesel tractors—for agriculture and utility operations.This
Seekingalpha · 1d ago
Ideanomics Invests in California-based e-Tractor Company, Solectrac
Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce it has acquired 15% of California-based Solectrac, Inc. for the consideration of $1.3 million. Solectrac develops, assembles and distributes 100% battery-powered electric tractors—an alternative to diesel tractors—for agriculture and utility operations. With this investment in Solectrac, Ideanomics expands its global footprint in the electric vehicle (EV) industry, specifically in the category of specialty commercial vehicles. This investment marks its first in an existing US-based OEM, and Ideanomics will assume a seat on Solectrac's Board of Directors.
PR Newswire · 1d ago
Ideanomics Announces Q3 2020 Earnings Call and Other Corporate Updates
Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce the release of its 2020 third-quarter financial results on Monday, November 9, 2020. A press release will be issued at approximately 4:00 PM ET, followed by a conference call at 4:30 PM ET.
PR Newswire · 1d ago
Ideanomics Reports MEG September and Q3 EV Sales Activity
Total Units Delivered – Q3 2020 Vehicle Type - Truck (Dark blue) - Taxi / Ride Hailing (Turquoise) Units Invoiced Pending Expected Delivery – Q3 2020 Vehicle Type - Truck (Dark blue) - Taxi / Ride Hailing (Turquoise) 423 EV units delivered in September 626 EV units Delivered in Q3440 units were invoiced in Q3 and are pending deliveryTotal of 1066 EV units in Q3NEW YORK, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Ideanomics (NASDAQ: IDEX) announced its Mobile Energy Global (MEG) division’s sales activities for the month of September and Q3 2020. For the period starting September 1, 2020, through September 30, 2020, MEG delivered a total of 423 units. For 3Q 2020, the period starting July 1, 2020, through September 30, 2020, MEG delivered a total of 626 units. The company also invoiced an additional 440 units in Q3, which are pending expected delivery.“We are very pleased that our MEG business experienced sequential growth, month over month, throughout Q3, and the 440 units pending delivery gets Q4 off to a strong start. This growth, fueled by a combination of previously announced deals and new deal origination, along with improvements in our operational efficiency, helps us achieve our goals for 2020 and sets the stage for growth at scale going into 2021,” said Alf Poor, CEO of Ideanomics.About IdeanomicsIdeanomics is a global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products. Our electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity, as well as financing and charging solutions; we refer to this business model as sales to financing to charging (S2F2C). Ideanomics Capital provides fintech services that include intelligent and innovative solutions powered by AI and blockchain. Together, MEG and Ideanomics Capital provide our global customers and partners with more efficient solutions for a greener economy.The company is headquartered in New York, NY, with offices in Beijing, Guangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.https://ideanomics.com/Safe Harbor StatementThis press release contains certain statements that may include "forward looking statements". All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties, and include statements regarding our intention to transition our business model to become a next-generation financial technology company, our business strategy and planned product offerings, our intention to phase out our oil trading and consumer electronics businesses, and potential future financial results. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and uncertainties, such as risks related to: our ability to continue as a going concern; our ability to raise additional financing to meet our business requirements; the transformation of our business model; fluctuations in our operating results; strain to our personnel management, financial systems and other resources as we grow our business; our ability to attract and retain key employees and senior management; competitive pressure; our international operations; and other risks and uncertainties disclosed under the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on the SEC website at www.sec.gov.. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.Investor Relations and Media Contact Tony Sklar, VP of Communications 55 Broadway, 19th Floor New York, New York 10006 Email: ir@ideanomics.comValerie Christopherson / Lora Wilson Global Results Communications (GRC) +1 949 306 6476 valeriec@globalresultspr.comPhotos accompanying this announcement are available at:https://www.globenewswire.com/NewsRoom/AttachmentNg/77e1aa88-651f-4e20-a387-f2822202ac90https://www.globenewswire.com/NewsRoom/AttachmentNg/5b2cf854-7e6a-40a4-950f-111245857d14
GlobeNewswire · 10/16 06:00
Competition Increasing In The EV Space
While Nikola (NASDAQ: NKLA) is struggling to regain its. credibility at hydrogen summit, new players are entering the EV field.
Benzinga · 10/15 15:56
Ideanomics' Mobile Energy Global (MEG) Division Delivered 423 Units In September, 626 Units Plus 440 Invoices In Q3
NEW YORK, Oct. 15, 2020 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce its Mobile Energy Global (MEG) division's
Benzinga · 10/15 12:36
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Learn about the latest financial forecast of IDEX. Analyze the recent business situations of Ideanomics Inc through EPS, BVPS, FPS, and other data. This information may help you make smarter investment decisions.
Analyst Rating

Based on 1 analysts

Hold

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

Analyst Price Target
The average IDEX stock price target is 1.379 with a high estimate of 1.379 and a low estimate of 1.379.
EPS
Institutional Holdings
Institutions: 83
Institutional Holdings: 5.81M
% Owned: 2.45%
Shares Outstanding: 237.30M
TypeInstitutionsShares
Increased
12
2.05M
New
53
-766.11K
Decreased
10
7.26M
Sold Out
0
0
  • Performance
  • Asset Allocation
  • Dividend History
No Data
Industry
Financial & Commodity Market Operators
+0.27%
Investment Banking & Investment Services
+0.15%
Key Executives
Chairman/Director
Zheng Qing Wu
Chief Executive Officer/Director
Alfred Poor
Vice Chairman/Director
Shane McMahon
Vice Chairman/Director
Richard Franke
Chief Financial Officer/Chief Accounting Officer
Conor McCarthy
Other
Carla Zhou
Director
John Wallace
Independent Director
James Cassano
Independent Director
Harry Edelson
Independent Director
Steven Fadem
Independent Director
Jian Ren Fan
Independent Director
Chao Yang
  • Dividends
  • Splits
  • Insider Activity
No Data
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About IDEX
Ideanomics Inc. is focused on facilitating the adoption of commercial electric vehicles and developing financial services and fintech products. The Company’s electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, electric vehicle (EV) batteries and electricity as well as financing and charging solutions. The Company’s Capital division includes Delaware Board of Trade (DBOT), which is a broker dealer that also operates an Alternative Trading System (ATS) focused on the trading of traditional OTC securities, and Intelligenta provides financial services solutions powered by artificial intelligence (AI) and blockchain. Intelligenta offers its AI services for the creation of financial products, risk ratings and indexing, and selection and recommendation systems on behalf of key stakeholders.
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