Inpixon (INPX) Trading Up 4%

Shares of Inpixon (NASDAQ:INPX) were up 4% on Friday . The stock traded as high as $1.50 and last traded at $1.50. Approximately 1,709,256 shares traded hands during trading, an increase of 182% from the average daily volume of 606,339 shares. The stock had previously closed at $1.44.

The company has a current ratio of 1.29, a quick ratio of 1.07 and a debt-to-equity ratio of 0.02.

A hedge fund recently bought a new stake in Inpixon stock. Bank of New York Mellon Corp bought a new stake in shares of Inpixon (NASDAQ:INPX) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 11,402 shares of the technology company’s stock, valued at approximately $36,000. Bank of New York Mellon Corp owned 0.72% of Inpixon as of its most recent SEC filing. 37.49% of the stock is currently owned by 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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