Innodata Inc (NASDAQ: INOD) on Monday, plunged -7.21% from the previous trading day, before settling in for the closing price of $45.36. Within the past 52 weeks, INOD’s price has moved between $5.46 and $55.17.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 8.88%. With a float of $27.41 million, this company’s outstanding shares have now reached $29.00 million.
The extent of productivity of a business whose workforce counts for 4325 workers is very important to gauge. 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
Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of Innodata Inc is 5.49%, while institutional ownership is 41.44%. The most recent insider transaction that took place on Dec 20 ’24, was worth 4,849,108. In this transaction Director of this company sold 110,207 shares at a rate of $44.00, taking the stock ownership to the 209,194 shares. Before that another transaction happened on Dec 20 ’24, when Company’s Chairman of the Board proposed sale 200,000 for $45.00, making the entire transaction worth $9,000,000.
Innodata Inc (INOD) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 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
Innodata Inc (INOD) is currently performing well based on its current performance indicators. A quick ratio of 1.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.88. Likewise, its price to free cash flow for the trailing twelve months is 110.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.59, a number that is poised to hit 0.21 in the next quarter
Technical Analysis of Innodata Inc (INOD)
The latest stats from [Innodata Inc, INOD] show that its last 5-days average volume of 1.4 million was superior to 0.85 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 84.16%. Additionally, its Average True Range was 4.26.
During the past 100 days, Innodata Inc’s (INOD) raw stochastic average was set at 68.97%, which indicates a significant increase from 65.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 119.95% in the past 14 days, which was lower than the 125.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.33, while its 200-day Moving Average is $18.87. Now, the first resistance to watch is $44.05. This is followed by the second major resistance level at $46.00. The third major resistance level sits at $47.50. If the price goes on to break the first support level at $40.59, it is likely to go to the next support level at $39.09. The third support level lies at $37.13 if the price breaches the second support level.
Innodata Inc (NASDAQ: INOD) Key Stats
Market capitalization of the company is 1.22 billion based on 29,000K outstanding shares. Right now, sales total 86,780 K and income totals -910 K. The company made 52,220 K in profit during its latest quarter, and 17,390 K in sales during its previous quarter.
