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After finishing at $19.50 in the prior trading day, Innodata Inc (NASDAQ: INOD) closed at $17.72, down -9.13%. In other words, the price has decreased by -$9.13 from its previous closing price. On the day, 0.66 million shares were traded. INOD stock price reached its highest trading level at $19.4 during the session, while it also had its lowest trading level at $17.36.
Ratios:
Our goal is to gain a better understanding of INOD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 364.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, Maxim Group on July 15, 2024, initiated with a Buy rating and assigned the stock a target price of $30.
On May 22, 2024, BWS Financial started tracking the stock assigning a Buy rating and target price of $24.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 30 ’23 when Espineli Marissa B sold 11,628 shares for $15.04 per share. The transaction valued at 174,885 led to the insider holds 0 shares of the business.
Toor Nauman Sabeeh sold 23,383 shares of INOD for $345,367 on Aug 30 ’23. The Director now owns 700,000 shares after completing the transaction at $14.77 per share.
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 565282176 and an Enterprise Value of 501532256. As of this moment, Innodata’s Price-to-Earnings (P/E) ratio for their current fiscal year is 189.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.79 while its Price-to-Book (P/B) ratio in mrq is 17.73. Its current Enterprise Value per Revenue stands at 4.672 whereas that against EBITDA is 70.808.
Stock Price History:
Over the past 52 weeks, INOD has reached a high of $21.58, while it has fallen to a 52-week low of $5.46. The 50-Day Moving Average of the stock is 4.20%, while the 200-Day Moving Average is calculated to be 63.49%.
Shares Statistics:
The stock has traded on average 560.28K shares per day over the past 3-months and 443540 shares per day over the last 10 days, according to various share statistics. A total of 28.75M shares are outstanding, with a floating share count of 26.85M. Insiders hold about 7.39% of the company’s shares, while institutions hold 40.10% stake in the company. Shares short for INOD as of 1723680000 were 3259508 with a Short Ratio of 5.82, compared to 1721001600 on 2944159. Therefore, it implies a Short% of Shares Outstanding of 3259508 and a Short% of Float of 12.060001.
