Inpixon (NASDAQ:INPX) Shares Pass Below 200-Day Moving Average of $6.78

Inpixon (NASDAQ:INPX – Get Rating) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.78 and traded as low as $0.34. Inpixon shares last traded at $0.34, with a volume of 1,294,697 shares.

Inpixon Stock Down 14.8 %

The stock’s fifty day simple moving average is $1.17 and its 200-day simple moving average is $6.76.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in INPX. Armistice Capital LLC purchased a new position in shares of Inpixon in the fourth quarter worth $570,000. Renaissance Technologies LLC raised its holdings in shares of Inpixon by 100.8% during the third quarter. Renaissance Technologies LLC now owns 617,233 shares of the technology company’s stock worth $76,000 after purchasing an additional 309,800 shares during the last quarter. Millennium Management LLC purchased a new position in shares of Inpixon during the second quarter worth $38,000. State Street Corp raised its holdings in shares of Inpixon by 16.4% during the first quarter. State Street Corp now owns 380,320 shares of the technology company’s stock worth $99,000 after purchasing an additional 53,521 shares during the last quarter. Finally, HRT Financial LP raised its holdings in shares of Inpixon by 154.7% during the fourth quarter. HRT Financial LP now owns 47,930 shares of the technology company’s stock worth $81,000 after purchasing an additional 29,115 shares during the last quarter.

Inpixon Company Profile

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Inpixon engages in the provision of indoor positioning and data analytics services. It operates through the Indoor Positioning Analytics and Infrastructure segments. The Indoor Positioning Analytics segment includes Inpixon’s proprietary products and services delivered on premise or in the cloud as well as hosted software-as-a-service based solutions.