Innodata Inc (INOD) Stock: A Closer Look

A share price of Innodata Inc [INOD] is currently trading at $14.83, up 2.77%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The INOD shares have gain 11.17% over the last week, with a monthly amount glided 18.55%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Innodata Inc [NASDAQ: INOD] stock has seen the most recent analyst activity on May 22, 2024, when BWS Financial initiated its Buy rating and assigned the stock a price target of $24.

Innodata Inc experienced fluctuations in its stock price throughout the past year between $5.46 and $16.78. Innodata Inc [NASDAQ: INOD] shares were valued at $14.83 at the most recent close of the market.

Analyzing the INOD fundamentals

Trailing Twelve Months sales for Innodata Inc [NASDAQ:INOD] were 94.44M which represents 40.69% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.03%, 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 of0.19.

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 14.45 points at the first support level, and at 14.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.11, and for the 2nd resistance point, it is at 15.40.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Innodata Inc [NASDAQ:INOD] is 1.46. As well, the Quick Ratio is 1.46, while the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 4.51, the price to book ratio is 15.47 and price to earnings (TTM) ratio is 229.92.

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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