Noteworthy Stock: Inpixon (NASDAQ: INPX)

On Thursday, Inpixon stock identified change of 9.07% away from 52-week low price and recently located move of -99.06% off 52-week high price. It has market worth of $6.23M. INPX stock has been recorded -36.28% away from 50 day moving average and -87.71% away from 200 day moving average. Moving closer, we can see that shares have been trading -5.45% off 20-day moving average.

Inpixon (INPX) recently reported it has received a Notice of Allowance from the U.S. Patent and Trademark Office allowing its patent application covering a method of storing and analyzing variable-width data.

Adam Benson, Inpixon CTO, commented, “This patent award is an important milestone, as it further strengthens our IP portfolio and assists builds a wall about our exclusive and differentiated platform. This process allows us to store vast sums of disparate data efficiently and makes retrieval of data faster. This results in reduced time to process vast amount of data, thereby making our analytics closer to real time. This is a major differentiator for our platform and provides unparalleled utility to our consumers.”

The Technology sector company, Inpixon noticed change of -5.54% to $0.12 along volume of 2928269 shares in recent session compared to an average volume of 3414.49K. The stock observed return of -5.83% in 5 days trading activity. The stock was at -9.18% over one-month performance. INPX’s shares are at -77.49% for the quarter and driving a -99.04% return over the course of the past year and is now at -96.15% since this point in 2018.   The average volatility for the week at 9.26% and for month was at 9.18%. There are 50.81M shares outstanding and 44.56M shares are floated in market. Right now the stock beta is 1.67. 

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