IDEX - Ideanomics, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.3938
-0.0149 (-3.65%)
At close: 4:00PM EDT

0.4000 +0.01 (1.57%)
After hours: 7:59PM EDT

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Momentum

Momentum

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close0.4087
Open0.4087
Bid0.3938 x 3100
Ask0.4000 x 1200
Day's Range0.3825 - 0.4100
52 Week Range0.2800 - 2.8400
Volume3,595,648
Avg. Volume1,968,564
Market Cap66.118M
Beta (5Y Monthly)-2.10
PE Ratio (TTM)N/A
EPS (TTM)-0.9900
Earnings DateAug 12, 2020 - Aug 17, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.38
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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  • Do Hedge Funds Love Ideanomics, Inc. (IDEX)?
    Insider Monkey

    Do Hedge Funds Love Ideanomics, Inc. (IDEX)?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]

  • ACCESSWIRE

    Ideanomics Describes Business Transformation, Electric Vehicles Market Opportunities in China and Goals for 2020 in New Video Interview on SNN Network

    LOS ANGELES, CA / ACCESSWIRE / May 27, 2020 / SNN Network, The Official Small-, Micro- and Nano-Cap News Source™, today published a new Video Interview with Alfred Poor, CEO of Ideanomics Inc. (NASDAQ:IDEX), ...

  • Ideanomics' MEG EV Center in Qingdao Opens for Operations and Revenues to Begin This Month
    PR Newswire

    Ideanomics' MEG EV Center in Qingdao Opens for Operations and Revenues to Begin This Month

    Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), Mobile Energy Global (MEG) division is pleased to announced that its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co. has officially launched the largest auto trading market in Qingdao at MEG's Qingdao EV hub.

  • Ideanomics' MEG Signs a Framework Strategic Agreement with Smart Travel Technology Leader, Qinou Group
    PR Newswire

    Ideanomics' MEG Signs a Framework Strategic Agreement with Smart Travel Technology Leader, Qinou Group

    Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), Mobile Energy Global (MEG) division is pleased to announced that its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co. has signed a framework strategic cooperation agreement with Zhejiang Qinou Holding Group Co., Ltd (Qinou Group). Under the terms of the agreement, MEG will provide Qinou Holdings with its S2F (sales to financing) capabilities, to facilitate the procurement and financing of the electric taxis and battery exchange systems.

  • Ideanomics' MEG Secures First Order for Qingdao EV Hub
    PR Newswire

    Ideanomics' MEG Secures First Order for Qingdao EV Hub

    Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), Mobile Energy Global (MEG) division has today announced its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co., Ltd has secured its first EV order from a Hangzhou-based customer for 130 EV units from SAIC's Roewe brand.

  • Ideanomics, Inc. Reports Q1 2020 Financial Results
    PR Newswire

    Ideanomics, Inc. Reports Q1 2020 Financial Results

    Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on monetizing the adoption of commercial electric vehicles and associated energy consumption, as well as enabling the next generation of financial services and fintech products, announced today its First Quarter 2020 operating results for the period ended March 31, 2020 (a full copy of the Company's 10-Q report is available at www.sec.gov).

  • Ideanomics' MEG Signs Agreement with Beijing Xenning Green for EV Procurement and Financing
    PR Newswire

    Ideanomics' MEG Signs Agreement with Beijing Xenning Green for EV Procurement and Financing

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), MEG division has today announced an agreement with Beijing Xinneng Green Intelligent Network Technology Co., Ltd. (BXGI) to help finance the replacement of its urban fleet with electric vehicles (EVs) in China over the next five years, starting in 2020. The Group's fleet operations consist of more than 100,000 city buses. Upon conversion to EVs, it is estimated that this fleet will require a significant charging port infrastructure to accommodate the energy demand to power its EV fleet operations.

  • Ideanomics' MEG Division Finalizes Operational EV and Energy Business Units
    PR Newswire

    Ideanomics' MEG Division Finalizes Operational EV and Energy Business Units

    Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), Mobile Energy Global (MEG) division has today announced it has finalized its EV and Energy business units under the S2F2C (Sales-to-Financing-to-Charging) model. Each business unit has been developed to focus on a key area of revenue, and is part of the Company's plans to onboard diversified revenue streams as it scales in Asia and beyond, having its own team and revenue objectives to provide focus and accountability as MEG activities scale in 2020 and beyond.

  • Newsfile

    Ideanomics CEO, Alf Poor, Discusses the Company's Role in China's EV Transition with The Stock Day Podcast

    Phoenix, Arizona--(Newsfile Corp. - April 27, 2020) - The Stock Day Podcast welcomed Ideanomics (NASDAQ: IDEX) ("Ideanomics" or "the Company"), a global company focused on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing next generation financial services and Fintech products. CEO of the Company, Alf Poor, joined Stock Day host Everett Jolly. Jolly began the interview by asking about the Company's background and current projects. "We're a company that looks ...

  • Ideanomics' MEG To Provide Energy Procurement Services for China 5G Tower Projects and EV Charging Infrastructure
    PR Newswire

    Ideanomics' MEG To Provide Energy Procurement Services for China 5G Tower Projects and EV Charging Infrastructure

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce that Qingdao Enengju New Energy Sales and Service Co., Ltd. (Enengju), a wholly-owned subsidiary of Sun Seven Stars Investment Group (SSSIG)1, has a signed a strategic cooperation agreement with Zhongsen Tower Communications Co., Ltd to build and operate new infrastructure projects, under which Ideanomics' Mobile Energy Global (MEG) division will secure rights to provide electricity for projects which include 5G towers and new energy vehicle charging piles.

  • China Announces a Three-Year-Blue-Sky-Action Plan to Accelerate the Adoption of Electric Vehicles
    PR Newswire

    China Announces a Three-Year-Blue-Sky-Action Plan to Accelerate the Adoption of Electric Vehicles

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce that the Chinese State Council issued a Three-Year Action Plan for the Battle of the Blue Sky accelerating the country's Blue Sky Plan originally unveiled in 2018. The 2018 Blue Sky Plan's centerpiece was the development of an ecofriendly transport system with higher fuel efficiency and lower emissions and included fines for pollution, carbon emissions and the contamination of water. The Three-Year-Action Plan includes agreements of 24 provinces and cities to accelerate the adoption of new energy vehicles. Ideanomics' Mobile Energy Global (MEG) group is already actively working with seven of the priority regions. Below are these regions' plans to promote conversion to electric vehicles (EVs).

  • Ideanomics Announces Q1 2020 Earnings Call
    PR Newswire

    Ideanomics Announces Q1 2020 Earnings Call

    Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce the release of its 2020 first-quarter financial results on Monday, May 11, 2020. A press release will be issued at approximately 4pm ET, followed by a conference call at 4:30pm ET (4:30am Tuesday, May 12, 2020 Singapore & Beijing Time). Members of the company's senior management team will give prepared remarks, followed by a short question and answer session.

  • Ideanomics' Announces Pilot Program to Monetize EV Energy Sales
    PR Newswire

    Ideanomics' Announces Pilot Program to Monetize EV Energy Sales

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce that MEG 's energy sales unit has deployed a pilot platform in Nanjing, China which will focus on streamlining the operational aspects of EV energy sales and consumption and will serve as a blueprint to a broader roll-out in both Nanjing, and across other major cities in China.

  • Qingdao City Construction Investment Group Limited Enters into Framework Strategic Cooperation Agreement with Sun Seven Stars Investment Group Limited to Raise a Fund to Finance EV Sales in Qingdao and Shandong Province
    PR Newswire

    Qingdao City Construction Investment Group Limited Enters into Framework Strategic Cooperation Agreement with Sun Seven Stars Investment Group Limited to Raise a Fund to Finance EV Sales in Qingdao and Shandong Province

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce that the Qingdao City Construction Investment Group Limited (QCCIG) has entered into framework strategic cooperation agreement with Sun Seven Stars Investment Group Limited (SSSIG)1 to raise up to RMB 50 Billion (USD 7 Billion) fund to finance investment projects in Qingdao and Shandong Province. The required funds are provisionally committed by insurance companies, subject to a two- to three-month administrative process, and is part of a fundraising initiative which has been underway since Q4 of 2019.

  • Ideanomics' MEG Announces Operations Back to Normal; Announces Three Deals in 48 hours
    PR Newswire

    Ideanomics' MEG Announces Operations Back to Normal; Announces Three Deals in 48 hours

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), has today announced its MEG activities were fully operational and back to work from Monday, March 30, 2019 and was able to successfully conclude three new vehicle orders, from three different manufacturers, in the first 48 hours.

  • China Extends New Energy Vehicle Purchase Subsidies and Purchase Tax Exemption Policy for Two Years
    PR Newswire

    China Extends New Energy Vehicle Purchase Subsidies and Purchase Tax Exemption Policy for Two Years

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce that at a State Council meeting on March 31, Chinese Premier Li Leqiang stated that 1) China will extend new energy vehicles subsidies an additional two years, 2) the Central Government will use fiscal money to compensate the replacement of diesel vehicles in key areas such as Beijing , Hebei and Tianjin, and 3) the exemption of used car VAT tax from May 1 to end of 2023.

  • Ideanomics' MEG announces the Formation of Business Entities to Capitalize on China's RMB24 trillion (USD3.4 trillion) "New Infrastructure" Investments
    PR Newswire

    Ideanomics' MEG announces the Formation of Business Entities to Capitalize on China's RMB24 trillion (USD3.4 trillion) "New Infrastructure" Investments

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce the formation of two core business entities to capitalize on China's RMB24 trillion (USD3.4 trillion) "New Infrastructure" investments. The Chinese government is accelerating its New Infrastructure" investment as part of the financial stimulus measures put in place to help stabilize growth and employment, serve consumption upgrades, and improve overall quality of life. As of March 4, seven provinces and cities have launched more than RMB 24 trillion in key new infrastructure construction projects.

  • Ideanomics' MEG Announces Strategic Agreement with Leading EV Heavy Truck and Bus Manufacturer, BeiBen Heavy Truck
    PR Newswire

    Ideanomics' MEG Announces Strategic Agreement with Leading EV Heavy Truck and Bus Manufacturer, BeiBen Heavy Truck

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce a strategic framework agreement with leading EV heavy truck and bus manufacturer, BeiBen Heavy Truck Co. Ltd ("BeiBen"). The framework agreement is designed to establish a long-term strategic partnership that will create a strategic platform to increase the speed and efficiency of commercial vehicle adoption. The framework agreement is preliminary in nature and its implementation will be subject to legally binding definitive transaction documents to be negotiated and entered into between Ideanomics and BeiBen.

  • Ideanomics' MEG Announces May 1st Operational Opening of Qingdao EV Hub
    PR Newswire

    Ideanomics' MEG Announces May 1st Operational Opening of Qingdao EV Hub

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce that the Qingdao-MEG Sales Center, branded as Mobile Energy Group Center, is scheduled to start sales operations by May 1. The 1 Million square foot site has been renovated as a permanent EV expo center, the cost of which has been met by development funds from the Chengyang business district of the city of Qingdao, in China's Shandong province.

  • Ideanomics MEG Announces Order from Beijing Silk Road Rainbow Car Rental
    PR Newswire

    Ideanomics MEG Announces Order from Beijing Silk Road Rainbow Car Rental

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), has today announced a new vehicle order through its MEG subsidiary from rental and leasing services company Beijing Silk Road Rainbow Car Rental Group Co., Ltd., the leading bus operator in Northern China for several major metro markets, including Beijing.

  • Ideanomics Reports Full Year 2019 Financial Results
    PR Newswire

    Ideanomics Reports Full Year 2019 Financial Results

    Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on monetizing the adoption of commercial electric vehicles and associated energy consumption, as well as enabling the next generation of financial services and fintech products, announced today its Full Year 2019 operating results for the period ended December 31, 2019 (a full copy of the Company's annual report on Form 10-K is available at www.sec.gov).

  • Ideanomics MEG Announces Order from Sichuan Shenwu Yunli Transportation
    PR Newswire

    Ideanomics MEG Announces Order from Sichuan Shenwu Yunli Transportation

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), has today announced a new vehicle order through its MEG subsidiary from construction services company Sichuan Shenwu Yunli Transportation Services Co., Ltd., the leading construction site dump truck operator in Southwest China provinces of Sichuan, Yunnan and Guizhou.

  • Ideanomics MEG Announces Multiple Orders from Zhitong 3000
    PR Newswire

    Ideanomics MEG Announces Multiple Orders from Zhitong 3000

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), has today announced a new vehicle order through its MEG subsidiary from truck services firm Zhitong 3000's holding company Jiangsu Linghao Network Technology Co., Ltd.

  • Ideanomics announces Updates on Treeletrik Subsidiary, plans IPO
    PR Newswire

    Ideanomics announces Updates on Treeletrik Subsidiary, plans IPO

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), has today announced an update on its Malaysia-based Treeletrik subsidiary.

  • Grapevine Village Hosts Event To Celebrate International Women's Day Featuring Media Mogul and Entrepreneur, Yang Lan and founder of WG Empire, Vera Wang.
    PR Newswire

    Grapevine Village Hosts Event To Celebrate International Women's Day Featuring Media Mogul and Entrepreneur, Yang Lan and founder of WG Empire, Vera Wang.

    Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is please to announce that subsidiary, Grapevine Village on Saturday, March 7th, hosted an event to celebrate International Women's Day 2020 featuring media mogul and entrepreneur Yang Lan, founder of WG Empire, Vera Wang, and Kristen Standish, CEO of Grapevine. The event, "Empowering Women Through Fashion, Entrepreneurship, & the Influencer Trust Economy," in spirit with this year's International Women's Day theme, EachforEqual, featured panelists who celebrate their differences, champion diversity, and promote equality.