Why Ideanomics Stock Is Still Not a Buy at This Point
HEDGE FUND SHENANIGANS Sponsored by Why Ideanomics Stock Is Still Not a Buy The valuation of IDEX stock remains excessive Mar 11, 2021, 1:35 pm EDT March 11, 2021 Ideanomics (NASDAQ: IDEX) has plenty of potential and IDEX stock has retreated sharply recently, the stock’s valuation remains too high in the current, more cautious environment. Source: Nick Starichenko/InvestorPlace.com Specifically, the shares of Ideanomics are still trading at a very large trailing price-sales ratio. Focusing on China, Ideanomics is a holding company that focuses on th...
Source: investorplace.com