Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Innodata Inc (NASDAQ: INOD) closed at $33.95 in the last session, up 1.56% from day before closing price of $33.43. In other words, the price has increased by $1.56 from its previous closing price. On the day, 1.03 million shares were traded. INOD stock price reached its highest trading level at $35.49 during the session, while it also had its lowest trading level at $33.4.
Ratios:
We take a closer look at INOD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 89.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.84 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wedbush on December 19, 2024, initiated with a Outperform rating and assigned the stock a target price of $48.
On September 17, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $23.
On July 15, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $30.Maxim Group initiated its Buy rating on July 15, 2024, with a $30 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 20 ’24 when Toor Nauman Sabeeh sold 110,207 shares for $44.00 per share. The transaction valued at 4,849,108 led to the insider holds 209,194 shares of the business.
Toor Nauman Sabeeh bought 200,000 shares of INOD for $9,000,000 on Dec 20 ’24. On Dec 09 ’24, another insider, ASHOK KUMAR MISHRA, who serves as the Officer of the company, bought 43,000 shares for $54.05 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INOD now has a Market Capitalization of 984560192 and an Enterprise Value of 962364992. As of this moment, Innodata’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.17 while its Price-to-Book (P/B) ratio in mrq is 20.64. Its current Enterprise Value per Revenue stands at 7.004 whereas that against EBITDA is 54.129.
Stock Price History:
The Beta on a monthly basis for INOD is 2.61, which has changed by 3.3929043 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, INOD has reached a high of $55.17, while it has fallen to a 52-week low of $5.46. The 50-Day Moving Average of the stock is -12.18%, while the 200-Day Moving Average is calculated to be 67.12%.
Shares Statistics:
According to the various share statistics, INOD traded on average about 1.67M shares per day over the past 3-months and 1458160 shares per day over the past 10 days. A total of 29.00M shares are outstanding, with a floating share count of 27.41M. Insiders hold about 5.49% of the company’s shares, while institutions hold 41.48% stake in the company. Shares short for INOD as of 1735603200 were 3845082 with a Short Ratio of 2.30, compared to 1732838400 on 2772947. Therefore, it implies a Short% of Shares Outstanding of 3845082 and a Short% of Float of 14.220000999999998.
