Innodata Inc (NASDAQ: INOD)’s stock price has soared by 6.29 in relation to previous closing price of 53.84. Nevertheless, the company has seen a gain of 29.09% in its stock price over the last five trading days. zacks.com reported 2025-02-17 that Innodata (INOD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Is It Worth Investing in Innodata Inc (NASDAQ: INOD) Right Now?
Innodata Inc (NASDAQ: INOD) has a higher price-to-earnings ratio of 96.47x compared to its average ratio. INOD has 36-month beta value of 2.66. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for INOD is 27.40M, and currently, short sellers hold a 16.11% ratio of that float. The average trading volume of INOD on February 18, 2025 was 1.67M shares.
INOD’s Market Performance
INOD stock saw an increase of 29.09% in the past week, with a monthly gain of 54.29% and a quarterly increase of 45.50%. The volatility ratio for the week is 9.60%, and the volatility levels for the last 30 days are 7.31% for Innodata Inc (INOD). The simple moving average for the past 20 days is 38.91% for INOD’s stock, with a 135.84% simple moving average for the past 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 41.80% 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 able to rebound, for now settling with 2.54% of gains for the given period.
Volatility was left at 7.31%, however, over the last 30 days, the volatility rate increased by 9.60%, as shares surge +61.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.16% upper at present.
During the last 5 trading sessions, INOD rose by +34.05%, which changed the moving average for the period of 200-days by +917.52% in comparison to the 20-day moving average, which settled at $41.31. In addition, Innodata Inc saw 44.80% 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 11.93. 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
To put it simply, Innodata Inc (INOD) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.
