Inpixon (INPX) Reaches New 1-Year Low at $0.93

Shares of Inpixon (NASDAQ:INPX) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $0.93 and last traded at $0.95, with a volume of 5570 shares. The stock had previously closed at $1.04.

The company has a current ratio of 0.46, a quick ratio of 0.38 and a debt-to-equity ratio of 0.02.

A hedge fund recently bought a new stake in Inpixon stock. Nadler Financial Group Inc. purchased a new stake in Inpixon (NASDAQ:INPX) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 50,000 shares of the technology company’s stock, valued at approximately $41,000. Nadler Financial Group Inc. owned 0.72% of Inpixon as of its most recent SEC filing. 1.11% of the stock is currently owned by hedge funds and other institutional investors.

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About Inpixon (NASDAQ:INPX)

Inpixon, through its subsidiaries, provides big data analytics and location based products and related services for the cyber-security and Internet of things markets worldwide. The company operates in two segments, Indoor Positioning Analytics and Infrastructure. The Indoor Positioning Analytics segment offers various products and services, which are delivered on premise or in the Cloud, as well as hosted Software-as-a-Service based solutions.

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