Current Take on Ideanomics (IDEX): At present, Ideanomics (IDEX) is a high-risk stock with significant challenges: Financial Instability: The company is experiencing large losses, reflected in its negative P/E ratio (-0.01x), and its net income is still deeply negative, which suggests that Ideanomics is far from profitability. With a negative shareholder equity and high debt levels, the financial position of the company is precarious.