In last trading session, Innodata Inc (NASDAQ:INOD) saw 1.61 million shares changing hands with its beta currently measuring 2.56. Company’s recent per share price level of $43.14 trading at -$3.46 or -7.42% at ring of the bell on the day assigns it a market valuation of $1.35B. That closing price of INOD’s stock is at a discount of -64.58% from its 52-week high price of $71.00 and is indicating a premium of 87.34% 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 2.13 million shares which gives us an average trading volume of 2.06 million 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 1.25. 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 0.18 in the current quarter.
Innodata Inc (NASDAQ:INOD) trade information
Upright in the red during last session for losing -7.42%, in the last five days INOD remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $43.14 price level, adding 9.58% to its value on the day. Innodata Inc’s shares saw a change of 9.16% in year-to-date performance and have moved -6.85% in past 5-day. Innodata Inc (NASDAQ:INOD) showed a performance of 1.58% in past 30-days. Number of shares sold short was 3.87 million shares which calculate 1.42 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 35.5 to the stock, which implies a fall of -21.52% 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 48. It follows that stock’s current price would jump 46.69% in reaching the projected high whereas dropping to the targeted low would mean a gain of 46.69% for stock’s current value.
Innodata Inc (INOD) estimates and forecasts
This year revenue growth is estimated to rise 42.12% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 57.63M for the same. And 4 analysts are in estimates of company making revenue of 59.42M in the next quarter.
Innodata Inc (NASDAQ:INOD)’s Major holders
Insiders are in possession of 4.40% of company’s total shares while institution are holding 49.68 percent of that, with stock having share float percentage of 51.97%. Investors also watch the number of corporate investors in a company very closely, which is 49.68% 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.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 862.55 shares of worth $37.21 million or 2.76% of the total outstanding shares. The later fund manager was in possession of 736.62 shares on Dec 31, 2024 , making its stake of worth around $31.78 million in the company or a holder of 2.35% of company’s stock.
