In last trading session, Innodata Inc (NASDAQ:INOD) saw 0.53 million shares changing hands with its beta currently measuring 2.35. Company’s recent per share price level of $14.07 trading at -$0.94 or -6.26% at ring of the bell on the day assigns it a market valuation of $407.89M. That closing price of INOD’s stock is at a discount of -53.38% from its 52-week high price of $21.58 and is indicating a premium of 61.19% from its 52-week low price of $5.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.46 million shares which gives us an average trading volume of 564.33K if we extend that period to 3-months.
For Innodata Inc (INOD), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
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Innodata Inc (NASDAQ:INOD) trade information
Upright in the red during last session for losing -6.26%, in the last five days INOD remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $14.07 price level, adding 20.15% to its value on the day. Innodata Inc’s shares saw a change of 72.85% in year-to-date performance and have moved -18.10% in past 5-day. Innodata Inc (NASDAQ:INOD) showed a performance of -8.99% in past 30-days. Number of shares sold short was 3.26 million shares which calculate 4.54 days to cover the short interests.
Innodata Inc (INOD) estimates and forecasts
Statistics highlight that Innodata Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 91.17% of value to its shares in past 6 months, showing an annual growth rate of 800.00% while that of industry is 6.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -26.94% during past 5 years.
Innodata Inc (NASDAQ:INOD)’s Major holders
Insiders are in possession of 6.95% of company’s total shares while institution are holding 40.58 percent of that, with stock having share float percentage of 43.61%. Investors also watch the number of corporate investors in a company very closely, which is 40.58% institutions for Innodata Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at INOD for having 1.88 million shares of worth $27.88 million. And as of 2024-06-30, it was holding 6.5379 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.48 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.1594 of outstanding shares, having a total worth of $22.0 million.
