Sysorex Global (INPX) Receiving Somewhat Positive News Coverage, Report Finds
Press coverage about Sysorex Global (NASDAQ:INPX) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sysorex Global earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.2960221230641 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Sysorex Global (INPX) traded down 2.2174% during midday trading on Wednesday, hitting $0.2249. 686,281 shares of the company were exchanged. The stock has a 50 day moving average of $0.31 and a 200 day moving average of $1.63. The firm’s market capitalization is $2.30 million. Sysorex Global has a 1-year low of $0.19 and a 1-year high of $11.09.
Several equities analysts have recently weighed in on INPX shares. Zacks Investment Research upgraded shares of Sysorex Global from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. B. Riley reiterated a “neutral” rating and set a $0.25 price objective on shares of Sysorex Global in a report on Tuesday, August 22nd.
Sysorex Global Company Profile
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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