Ideanomics Stock Gives Every Indication Of Being Significantly Overvalued

– By GF Value
The stock of Ideanomics (NAS:IDEX, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus’ estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its…

Click here to view the original article.