Innodata Inc (NASDAQ:INOD)’s traded shares stood at 0.5 million during the latest session, with the company’s beta value hitting 2.58. At the last check today, the stock’s price was $43.52, to imply an increase of 1.00% or $0.43 in intraday trading. The INOD share’s 52-week high remains $55.17, putting it -26.77% down since that peak but still an impressive 87.45% since price per share fell to its 52-week low of $5.46. The company has a valuation of $1.26B, with an average of 1.89 million shares in intraday trading volume over the past 10 days and average of 1.45 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Innodata Inc (INOD), translating to a mean rating of 1.25. Of 1 analyst(s) looking at the stock, 0 analyst(s) give INOD a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.
Innodata Inc (NASDAQ:INOD) trade information
After registering a 1.00% upside in the latest session, Innodata Inc (INOD) has traded red over the past five days. The 5-day price performance for the stock is 27.29%, and -4.12% over 30 days. With these gigs, the year-to-date price performance is 434.64%. Short interest in Innodata Inc (NASDAQ:INOD) saw shorts transact 2.77 million shares and set a 1.38 days time to cover.
The extremes give us $23 and $48 for target low and target high price respectively. As such, INOD has been trading -10.29% off suggested target high and 47.15% from its likely low.
Innodata Inc (INOD) estimates and forecasts
Looking at statistics comparing Innodata Inc share performance against respective industry, we note that the company has outperformed competitors. Innodata Inc (INOD) shares are 201.59% up over the last 6 months, with its year-to-date growth rate higher than industry average at 2,700.00% against 4.30%.
INOD Dividends
Innodata Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Innodata Inc (NASDAQ:INOD)’s Major holders
Innodata Inc insiders hold 5.54% of total outstanding shares, with institutional holders owning 41.31% of the shares at 43.73% float percentage. In total, 41.31% institutions holds shares in the company, led by BLACKROCK INC. As of 2024-06-30, the company held over 1.88 million shares (or 6.5379% of shares), all amounting to roughly $27.88 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 1.48 million shares, or about 5.1594% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $22.0 million.
