Shares of Sysorex Global (NASDAQ:INPX) shot up 13.4% during mid-day trading on Wednesday . The stock traded as high as $0.42 and last traded at $0.39. 2,955,111 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 2,507,980 shares. The stock had previously closed at $0.34.

Several research firms have issued reports on INPX. B. Riley reiterated a “neutral” rating and issued a $0.25 target price on shares of Sysorex Global in a research note on Sunday, August 27th. Zacks Investment Research upgraded shares of Sysorex Global from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th.

The stock has a 50 day moving average of $0.28 and a 200-day moving average of $1.34. The stock’s market cap is $3.99 million.

TRADEMARK VIOLATION NOTICE: “Sysorex Global (INPX) Shares Up 13.4%” was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this story on another publication, it was copied illegally and republished in violation of US & international trademark and copyright legislation. The original version of this story can be viewed at

About Sysorex Global

Inpixon, formerly Sysorex Global, provides data analytics and location-based solutions and services to commercial and government customers across the world. The Company operates through four segments: Mobile, IoT & Big Data Products, which includes its AirPatrol product line and on-premise big data appliance product; Storage and Computing, which includes third-party hardware, software and related maintenance/warranty products and services that the Company resells; SaaS Revenues, which provides software-as-a-services or Internet-based hosted services, and Professional Services, which offers general information technology (IT) services.

Receive News & Ratings for Sysorex Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sysorex Global and related companies with Analyst Ratings Network's FREE daily email newsletter.