In last trading session, Innodata Inc (NASDAQ:INOD) saw 1.12 million shares changing hands with its beta currently measuring 2.33. Company’s recent per share price level of $24.34 trading at $0.26 or 1.08% at ring of the bell on the day assigns it a market valuation of $705.59M. That closing price of INOD’s stock is at a premium of 0.66% from its 52-week high price of $24.18 and is indicating a premium of 77.57% 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 0.6 million shares which gives us an average trading volume of 541.86K 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 1.33. 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. The company is expected to be making an EPS of 0.13 in the current quarter.

Innodata Inc (NASDAQ:INOD) trade information

Upright in the green during last session for gaining 1.08%, in the last five days INOD remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $24.34 price level, adding 3.57% to its value on the day. Innodata Inc’s shares saw a change of 199.02% in year-to-date performance and have moved 21.03% in past 5-day. Innodata Inc (NASDAQ:INOD) showed a performance of 56.43% in past 30-days. Number of shares sold short was 4.1 million shares which calculate 7.63 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 23 to the stock, which implies a fall of -5.83% to its current value. Analysts have been projecting 23 as a low price target for the stock while placing it at a high target of 23. It follows that stock’s current price would jump 5.51% in reaching the projected high whereas dropping to the targeted low would mean a gain of 5.51% for stock’s current value.

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 111.65% of value to its shares in past 6 months, showing an annual growth rate of 800.00% while that of industry is 3.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 36.11M for the same. And 3 analysts are in estimates of company making revenue of 42.29M in the next quarter.

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 40.93 percent of that, with stock having share float percentage of 43.99%. Investors also watch the number of corporate investors in a company very closely, which is 40.93% 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.