Inpixon (INPX) Reaches $0.30 52-Week Low; Profile of 9 Analysts Covering Echo Global Logistics, Inc. (ECHO)

June 21, 2018 - By Ash

Echo Global Logistics, Inc. (NASDAQ:ECHO) Logo

The stock of Inpixon (NASDAQ:INPX) hit a new 52-week low and has $0.29 target or 3.00% below today’s $0.30 share price. The 6 months bearish chart indicates high risk for the $4.93 million company. The 1-year low was reported on Jun, 21 by Barchart.com. If the $0.29 price target is reached, the company will be worth $147,780 less. The stock decreased 7.08% or $0.023 during the last trading session, reaching $0.302. About 1.35 million shares traded. Inpixon (NASDAQ:INPX) has declined 99.44% since June 21, 2017 and is downtrending. It has underperformed by 112.01% the S&P500.

Among 15 analysts covering Echo Global Logistics (NASDAQ:ECHO), 9 have Buy rating, 2 Sell and 4 Hold. Therefore 60% are positive. Echo Global Logistics had 48 analyst reports since August 11, 2015 according to SRatingsIntel. On Monday, July 11 the stock rating was downgraded by UBS to “Neutral”. The firm has “Buy” rating given on Wednesday, December 9 by Stifel Nicolaus. Macquarie Research downgraded Echo Global Logistics, Inc. (NASDAQ:ECHO) on Thursday, December 14 to “Hold” rating. The company was maintained on Thursday, April 26 by UBS. The rating was maintained by Susquehanna on Monday, January 8 with “Buy”. The firm has “Buy” rating given on Tuesday, August 18 by Stifel Nicolaus. The rating was upgraded by Macquarie Research on Tuesday, August 11 to “Neutral”. The company was upgraded on Friday, January 8 by Avondale. The firm earned “Buy” rating on Thursday, October 26 by Cowen & Co. The stock has “Buy” rating by Zacks on Friday, August 21. See Echo Global Logistics, Inc. (NASDAQ:ECHO) latest ratings:

19/06/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $34 Maintain
01/05/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $20 New Target: $21 Maintain
26/04/2018 Broker: Barrington Rating: Buy New Target: $37.0000 Maintain
26/04/2018 Broker: UBS Old Rating: Neutral New Rating: Neutral Old Target: $33 New Target: $31 Maintain
26/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $29 New Target: $30 Maintain
26/04/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $35 New Target: $37 Maintain
16/04/2018 Broker: Susquehanna Rating: Buy New Target: $37.0000 Maintain
23/02/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Underweight Old Target: $15 Downgrade
08/02/2018 Broker: Stephens Rating: Buy New Target: $40.0 Maintain
07/02/2018 Broker: Susquehanna Rating: Buy New Target: $36.0 Maintain

More recent Echo Global Logistics, Inc. (NASDAQ:ECHO) news were published by: Nasdaq.com which released: “Chicago-Based 3PL, Echo Global Logistics, Is Bringing 70 New Tech Jobs to Its Headquarters This Year” on June 19, 2018. Also Globenewswire.com published the news titled: “Echo Global Logistics Ranks #969 in Fortune 1000” on June 07, 2018. Nasdaq.com‘s news article titled: “5 Top-Ranked Small Caps to Buy as Trade Tensions Escalate” with publication date: June 11, 2018 was also an interesting one.

Investors sentiment increased to 1.29 in 2018 Q1. Its up 0.03, from 1.26 in 2017Q4. It increased, as 14 investors sold Echo Global Logistics, Inc. shares while 51 reduced holdings. 40 funds opened positions while 44 raised stakes. 26.25 million shares or 0.02% more from 26.25 million shares in 2017Q4 were reported. Voya Invest Management Ltd Liability Corporation invested in 12,435 shares or 0% of the stock. Retail Bank Of America Corporation De holds 12,031 shares. Dimensional Fund Advisors Ltd Partnership has invested 0.03% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Campbell & Invest Adviser Llc has invested 0.47% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Northern Trust Corp reported 591,186 shares stake. Signaturefd Ltd Llc reported 1,819 shares. Ls Invest Lc reported 742 shares or 0% of all its holdings. Teachers Retirement Of The State Of Kentucky owns 10,625 shares. Ameritas Invest Prtnrs accumulated 0% or 2,286 shares. Laurion Capital L P holds 0% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 12,616 shares. Us National Bank & Trust De reported 0% stake. State Street Corporation reported 835,896 shares. Millennium Management Llc reported 345,097 shares. Pdts Prtn Lc invested in 0.15% or 160,800 shares. Meeder Asset Mngmt accumulated 171 shares.

Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. The company has market cap of $896.51 million. It uses a proprietary technology platform to compile and analyze data from its multi-modal network of transportation providers for the transportation and logistics needs. It has a 43.83 P/E ratio. The firm offers services in various transportation modes, such as truckload, less-than truckload, small parcel, inter-modal, domestic air, and expedited and international.

The stock decreased 1.10% or $0.35 during the last trading session, reaching $31.6. About 50,801 shares traded. Echo Global Logistics, Inc. (NASDAQ:ECHO) has risen 48.00% since June 21, 2017 and is uptrending. It has outperformed by 35.43% the S&P500. Some Historical ECHO News: 23/03/2018 – Echo Global Closes Below 50-Day Moving Average: Technicals; 26/04/2018 – ECHO GLOBAL LOGISTICS INC ECHO.O : COWEN AND COMPANY RAISES TARGET PRICE TO $35 FROM $34; 25/04/2018 – Echo Global Logistics Reports Record First Quarter Revenue; Up 39% Year over Year; 25/04/2018 – Echo Global Logistics 1Q Rev $577.1M; 13/03/2018 – Echo Global at Company Marketing Hosted By Stephens Inc. Today; 22/04/2018 – DJ Echo Global Logistics Inc, Inst Holders, 1Q 2018 (ECHO); 17/05/2018 – Echo Named to the 2018 Food Logistics’ Champions: Rock Stars of the Supply Chain; 25/04/2018 – Echo Global Logistics 1Q Net $4.73M; 02/04/2018 – Fidelity Select Transport Adds Echo Global, Cuts UPS; 27/03/2018 – A. Duie Pyle Receives Regional LTL Carrier of the Year Award

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 has market cap of $4.93 million. The firm operates through Mobile, IoT & Big Data Products; Storage and Computing; SaaS ; and Professional Services divisions. It currently has negative earnings. It offers AirPatrol, a location security and marketing platform for wireless and cellular devices to detect, monitor, and manage the content and behavior of smartphones, tablets, and other mobile devices based on their location and user; and Big Data appliance products.

Echo Global Logistics, Inc. (NASDAQ:ECHO) Institutional Positions Chart

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