In the last trading session, 1.7 million Innodata Inc (NASDAQ:INOD) shares changed hands as the company’s beta touched 2.60. With the company’s per share price at $38.49 changed hands at $1.76 or 4.79% during last session, the market valuation stood at $1.22B. INOD’s last price was a discount, traded about -84.46% off its 52-week high of $71.00. The share price had its 52-week low at $11.77, which suggests the last value was 69.42% up since then.
Analysts gave the Innodata Inc (INOD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.20. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended INOD as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Innodata Inc (NASDAQ:INOD) trade information
Instantly INOD was in green as seen at the end of in last trading. With action 7.48%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -2.61%, with the 5-day performance at 7.48% in the green. However, in the 30-day time frame, Innodata Inc (NASDAQ:INOD) is 16.50% up.
The consensus price target for the stock as assigned by Wall Street analysts is 48, meaning bulls need an upside of 19.81% from its current market value. According to analyst projections, INOD’s forecast low is 48 with 48 as the target high. To hit the forecast high, the stock’s price needs a -24.71% plunge from its current level, while the stock would need to soar -24.71% for it to hit the projected low.
Innodata Inc (INOD) estimates and forecasts
The 2025 estimates are for Innodata Inc earnings to decrease by -22.02%, but the outlook for the next 5-year period is at 13.46% per year.
Innodata Inc (NASDAQ:INOD)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 5.137% or 1.48 million shares worth $22.0 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 862.55 shares estimated at $33.2 million under it, the former controlled 2.72% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.26% of the shares, roughly 717.35 shares worth around $27.61 million.
