Inpixon (INPX) Stock Price Down 8.8%

Shares of Inpixon (NASDAQ:INPX) dropped 8.8% on Wednesday . The stock traded as low as $1.32 and last traded at $1.35. Approximately 1,415,784 shares changed hands during mid-day trading, an increase of 9% from the average daily volume of 1,301,641 shares. The stock had previously closed at $1.48.

The company has a debt-to-equity ratio of -0.13, a current ratio of 0.31 and a quick ratio of 0.30. The firm has a market cap of $2.12, a P/E ratio of 0.00 and a beta of 3.30.

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About Inpixon

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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