At the time of writing, Innodata Inc [INOD] stock is trading at $40.28, up 1.51%. 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 8.60% over the last week, with a monthly amount drifted -6.35%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Innodata Inc [NASDAQ: INOD] stock has seen the most recent analyst activity on December 19, 2024, when Wedbush initiated its Outperform rating and assigned the stock a price target of $48. Previously, Craig Hallum started tracking the stock with Buy rating on September 17, 2024, and set its price target to $23. On July 15, 2024, Maxim Group initiated with a Buy rating and assigned a price target of $30 on the stock. BWS Financial started tracking the stock assigning a Buy rating and suggested a price target of $24 on May 22, 2024.
For the past year, the stock price of Innodata Inc fluctuated between $5.46 and $55.17. Currently, Wall Street analysts expect the stock to reach $35.5 within the next 12 months. Innodata Inc [NASDAQ: INOD] shares were valued at $40.28 at the most recent close of the market. An investor can expect a potential drop of -11.87% based on the average INOD price forecast.
Analyzing the INOD fundamentals
According to Innodata Inc [NASDAQ:INOD], the company’s sales were 137.39M for trailing twelve months, which represents an 135.57% jump. Gross Profit Margin for this corporation currently stands at -2.47% with Operating Profit Margin at -2.72%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.62 and Total Capital is -6.41. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
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 38.66 points at the first support level, and at 37.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.18, and for the 2nd resistance point, it is at 44.08.
Ratios To Look Out For
It is important to note that Innodata Inc [NASDAQ:INOD] has a current ratio of 1.84. In addition, the Quick Ratio stands at 1.84 and the Cash Ratio stands at 0.88. Considering the valuation of this stock, the price to sales ratio is 8.50, the price to book ratio is 24.48 and price to earnings (TTM) ratio is 67.90.
Transactions by insiders
Recent insider trading involved Toor Nauman Sabeeh, Director, that happened on Dec 20 ’24 when 0.11 million shares were sold. Chairman of the Board, Toor Nauman Sabeeh completed a deal on Dec 20 ’24 to buy 0.2 million shares. Meanwhile, Officer ASHOK KUMAR MISHRA bought 43000.0 shares on Dec 09 ’24.
