Ideanomics (NASDAQ:IDEX) Stock Price Up 40% – Here’s What Happened

Shares of Ideanomics, Inc. (NASDAQ:IDEXGet Free Report) traded up 40% during mid-day trading on Wednesday . The stock traded as high as $0.26 and last traded at $0.14. 68,178 shares were traded during trading, a decline of 75% from the average session volume of 277,094 shares. The stock had previously closed at $0.10.

Ideanomics Trading Down 20.0 %

The company has a market capitalization of $4.01 million, a price-to-earnings ratio of 0.00 and a beta of 0.25. The stock has a 50-day simple moving average of $0.13 and a 200-day simple moving average of $0.51.

About Ideanomics

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Ideanomics, Inc, through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia, Europe, and the United States. The company's Ideanomics Mobility business unit focuses on the commercial adoption of electric vehicles (EV) by commercial fleet operators.

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