Innodata Inc (INOD) Shares Gain 74.21% Over Last Week

Innodata Inc [INOD] stock prices are up 55.34% to $10.47 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The INOD shares have gain 74.21% over the last week, with a monthly amount glided 54.88%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

The stock price of Innodata Inc [INOD] has been fluctuating between $5.46 and $15.36 over the past year. Innodata Inc [NASDAQ: INOD] shares were valued at $10.47 at the most recent close of the market.

Analyzing the INOD fundamentals

The Innodata Inc [NASDAQ:INOD] reported sales of 94.44M for trailing twelve months, representing a surge of 40.69%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.5.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.94 points at the first support level, and at 7.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.27, and for the 2nd resistance point, it is at 12.07.

Ratios To Look Out For

It’s worth pointing out that Innodata Inc [NASDAQ:INOD]’s Current Ratio is 1.46. On the other hand, the Quick Ratio is 1.46, and the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 3.19, the price to book ratio is 10.92 and price to earnings (TTM) ratio is 164.11.

Transactions by insiders

Recent insider trading involved Toor Nauman Sabeeh, Director, that happened on Aug 30 ’23 when 23383.0 shares were sold. Interim CFO, Espineli Marissa B completed a deal on Aug 30 ’23 to sell 11628.0 shares. Meanwhile, CEO ABUHOFF JACK sold 0.14 million shares on Aug 29 ’23.

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