Inpixon (INPX) Sees Strong Trading Volume

Inpixon (NASDAQ:INPX) saw unusually-strong trading volume on Monday . Approximately 6,821,089 shares were traded during trading, an increase of 302% from the previous session’s volume of 1,695,829 shares.The stock last traded at $0.39 and had previously closed at $0.34.

The company has a debt-to-equity ratio of -0.13, a current ratio of 0.42 and a quick ratio of 0.38.

A hedge fund recently bought a new stake in Inpixon stock. Sabby Management LLC purchased a new stake in shares of Inpixon (NASDAQ:INPX) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 366,925 shares of the technology company’s stock, valued at approximately $394,000. Sabby Management LLC owned approximately 3.90% of Inpixon as of its most recent SEC filing. 4.91% of the stock is owned by hedge funds and other institutional investors.

About Inpixon

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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