Innodata Inc (INOD) recent activity suggests a positive outlook with the last week’s performance of -14.10%

On Friday, Innodata Inc (NASDAQ: INOD) was -6.15% drop from the session before settling in for the closing price of $39.16. A 52-week range for INOD has been $5.46 – $49.72.

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Annual sales at Technology sector company grew by 8.88% over the past five years. With a float of $26.87 million, this company’s outstanding shares have now reached $28.75 million.

Let’s look at the performance matrix of the company that is accounted for 4325 employees. In terms of profitability, gross margin is -246.54%, operating margin of -272.33%, and the pretax margin is 10.95%.

Innodata Inc (INOD) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Innodata Inc stocks. The insider ownership of Innodata Inc is 7.33%, while institutional ownership is 41.21%. The most recent insider transaction that took place on Nov 13 ’24, was worth 2,027,636. In this transaction Director of this company sold 50,000 shares at a rate of $40.55, taking the stock ownership to the 25,262 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director sold 23,040 for $46.07, making the entire transaction worth $1,061,453. This insider now owns 679,401 shares in total.

Innodata Inc (INOD) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -26.94% drop over the previous five years of trading.

Innodata Inc (NASDAQ: INOD) Trading Performance Indicators

You can see what Innodata Inc (INOD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.28. Likewise, its price to free cash flow for the trailing twelve months is 90.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.59, a number that is poised to hit 0.22 in the next quarter

Technical Analysis of Innodata Inc (INOD)

Innodata Inc (NASDAQ: INOD) saw its 5-day average volume 2.56 million, a positive change from its year-to-date volume of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 61.66%. Additionally, its Average True Range was 3.44.

During the past 100 days, Innodata Inc’s (INOD) raw stochastic average was set at 64.67%, which indicates a significant increase from 56.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 249.53% in the past 14 days, which was higher than the 122.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.30, while its 200-day Moving Average is $14.09. Nevertheless, the first resistance level for the watch stands at $39.06 in the near term. At $41.37, the stock is likely to face the second major resistance level. The third major resistance level sits at $42.89. If the price goes on to break the first support level at $35.23, it is likely to go to the next support level at $33.71. The third support level lies at $31.40 if the price breaches the second support level.

Innodata Inc (NASDAQ: INOD) Key Stats

There are 29,000K outstanding shares of the company, which has a market capitalization of 1.00 billion. As of now, sales total 86,780 K while income totals -910 K. Its latest quarter income was 52,220 K while its last quarter net income were 17,390 K.