In today’s recent session, 0.53 million shares of the Innodata Inc (NASDAQ:INOD) have been traded, and its beta is 2.67. Most recently the company’s share price was $38.16, and it changed around $1.68 or 4.59% from the last close, which brings the market valuation of the company to $1.21B. INOD at last check was trading at a discount to its 52-week high of $71.00, offering almost -86.06% off that amount. The share price’s 52-week low was $11.87, which indicates that the recent value has risen by an impressive 68.89% since then. We note from Innodata Inc’s average daily trading volume that its 10-day average is 1.84 million shares, with the 3-month average coming to 1.94 million.
Innodata Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.20. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended INOD as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.
Innodata Inc (NASDAQ:INOD) trade information
Instantly INOD has been showing a green trend so far today with a performance of 4.59% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 38.90 on recent trading dayincreased the stock’s daily price by 1.9%. The company’s shares are currently down -3.45% year-to-date, but still down -0.87% over the last five days. On the other hand, Innodata Inc (NASDAQ:INOD) is 0.23% up in the 30-day period. We can see from the shorts that 4.28 million shares have been sold at a short interest cover period of 2.85 day(s).
The consensus price target as assigned by Wall Street analysts is $48, which translates to bulls needing to increase their stock price by 20.5% from its current value. Analyst projections state that INOD is forecast to be at a low of $48 and a high of $48.
Innodata Inc earnings are expected to increase by -22.02% in 2025, but the outlook is positive 13.46% per year for the next five years.
INOD Dividends
Innodata Inc’s next quarterly earnings report is expected to be released on 2025-May-08.
Innodata Inc (NASDAQ:INOD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.39% of Innodata Inc shares, and 56.46% of them are in the hands of institutional investors. The stock currently has a share float of 59.06%. Innodata Inc stock is held by 260.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 6.5096% of the shares, which is about 1.88 million shares worth $27.88 million.
VANGUARD GROUP INC, with 5.137% or 1.48 million shares worth $22.0 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 862.55 shares worth $33.73 million, making up 2.72% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 717.35 shares worth around $28.05 million, which represents about 2.26% of the total shares outstanding.
