Published on 19 Apr 2023 on Simply Wall St. via Yahoo Finance

Inpixon (NASDAQ:INPX) Stock Rockets 63% But Many Are Still Ignoring The Company

Inpixon (NASDAQ:INPX) shareholders are no doubt pleased to see that the share price has bounced 63% in the last month, although it is still struggling to make up recently lost ground. Still, the 30-day jump doesn't change the fact that longer term shareholders have seen their stock decimated by the 97% share price drop in the last twelve months.

Although its price has surged higher, Inpixon may still be sending buy signals at present with its price-to-sales (or "P/S") ratio of 0.5x, considering almost half of all companies in the IT industry in the United States have P/S ratios greater than 1.5x and even P/S higher than 4x aren't out of the ordinary. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the reduced P/S.

Check out our latest analysis for Inpixon