Innodata Inc (NASDAQ: INOD) has a higher price-to-earnings ratio of 86.63x compared to its average ratio, The 36-month beta value for INOD is at 2.66. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for INOD is 27.40M, and currently, shorts hold a 16.11% of that float. The average trading volume for INOD on February 13, 2025 was 1.63M shares.
INOD) stock’s latest price update
Innodata Inc (NASDAQ: INOD)’s stock price has increased by 17.22 compared to its previous closing price of 43.84. However, the company has seen a 29.09% increase in its stock price over the last five trading sessions. accessnewswire.com reported 2025-02-13 that NEW YORK CITY, NY / ACCESS Newswire / February 13, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Innodata Inc. (“Innodata” or “the Company”) (NASDAQ:INOD). Investors who purchased Innodata securities prior to May 9, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/INOD.
INOD’s Market Performance
INOD’s stock has risen by 29.09% in the past week, with a monthly rise of 51.37% and a quarterly rise of 11.96%. The volatility ratio for the week is 6.34% while the volatility levels for the last 30 days are 6.45% for Innodata Inc The simple moving average for the last 20 days is 30.79% for INOD stock, with a simple moving average of 116.25% for the last 200 days.
Analysts’ Opinion of INOD
Many brokerage firms have already submitted their reports for INOD stocks, with Wedbush repeating the rating for INOD by listing it as a “Outperform.” The predicted price for INOD in the upcoming period, according to Wedbush is $48 based on the research report published on December 19, 2024 of the previous year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see INOD reach a price target of $23. The rating they have provided for INOD stocks is “Buy” according to the report published on September 17th, 2024.
Maxim Group gave a rating of “Buy” to INOD, setting the target price at $30 in the report published on July 15th of the previous year.
INOD Trading at 29.34% from the 50-Day Moving Average
After a stumble in the market that brought INOD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.85% of loss for the given period.
Volatility was left at 6.45%, however, over the last 30 days, the volatility rate increased by 6.34%, as shares surge +37.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.35% upper at present.
During the last 5 trading sessions, INOD rose by +27.28%, which changed the moving average for the period of 200-days by +755.94% in comparison to the 20-day moving average, which settled at $39.26. In addition, Innodata Inc saw 30.04% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at INOD starting from Toor Nauman Sabeeh, who sale 110,207 shares at the price of $44.00 back on Dec 20 ’24. After this action, Toor Nauman Sabeeh now owns 209,194 shares of Innodata Inc, valued at $4,849,108 using the latest closing price.
Toor Nauman Sabeeh, the Chairman of the Board of Innodata Inc, proposed sale 200,000 shares at $45.00 during a trade that took place back on Dec 20 ’24, which means that Toor Nauman Sabeeh is holding shares at $9,000,000 based on the most recent closing price.
Stock Fundamentals for INOD
Current profitability levels for the company are sitting at:
- -2.72 for the present operating margin
- -2.47 for the gross margin
The net margin for Innodata Inc stands at 0.15. The total capital return value is set at -6.41. Equity return is now at value 56.73, with 27.69 for asset returns.
Based on Innodata Inc (INOD), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 3.65. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is -3340.72.
Currently, EBITDA for the company is 5.03 million with net debt to EBITDA at 0.06. When we switch over and look at the enterprise to sales, we see a ratio of 10.71. The receivables turnover for the company is 5.93for trailing twelve months and the total asset turnover is 1.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.84.
Conclusion
In conclusion, Innodata Inc (INOD) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
