A share price of Innodata Inc [INOD] is currently trading at $15.48, up 0.13%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The INOD shares have gain 4.81% over the last week, with a monthly amount drifted -19.12%, and not 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 September 17, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $23. Previously, Maxim Group started tracking the stock with Buy rating on July 15, 2024, and set its price target to $30. On May 22, 2024, BWS Financial initiated with a Buy rating and assigned a price target of $24 on the stock.
Innodata Inc experienced fluctuations in its stock price throughout the past year between $5.46 and $21.58. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Innodata Inc [NASDAQ: INOD] shares were valued at $15.48 at the most recent close of the market. An investor can expect a potential return of 48.58% based on the average INOD price forecast.
Analyzing the INOD fundamentals
Trailing Twelve Months sales for Innodata Inc [NASDAQ:INOD] were 107.34M which represents 65.62% growth. Gross Profit Margin for this corporation currently stands at -3.28% with Operating Profit Margin at -3.58%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is -9.72. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.
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 15.02 points at the first support level, and at 14.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.73, and for the 2nd resistance point, it is at 15.97.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Innodata Inc [NASDAQ:INOD] is 1.45. In addition, the Quick Ratio stands at 1.45 and the Cash Ratio stands at 0.63. Considering the valuation of this stock, the price to sales ratio is 4.18, the price to book ratio is 15.49 and price to earnings (TTM) ratio is 165.92.
