As of close of business last night, Innodata Inc’s stock clocked out at $5.99, down -16.29% from its previous closing price of $7.15. In other words, the price has decreased by -$1.16 from its previous closing price. On the day, 990366 shares were traded. INOD stock price reached its highest trading level at $7.14 during the session, while it also had its lowest trading level at $5.93.
Ratios:
To gain a deeper understanding of INOD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 506.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.18.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 30 ’23 when Toor Nauman Sabeeh sold 23,383 shares for $14.77 per share. The transaction valued at 345,367 led to the insider holds 700,000 shares of the business.
Espineli Marissa B sold 11,628 shares of INOD for $174,885 on Aug 30 ’23. The Interim CFO now owns 0 shares after completing the transaction at $15.04 per share. On Aug 29 ’23, another insider, ABUHOFF JACK, who serves as the CEO of the company, sold 135,056 shares for $14.58 each. As a result, the insider received 1,969,116 and left with 1,188,358 shares of the company.
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 172.09M and an Enterprise Value of 163.75M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 6.70. Its current Enterprise Value per Revenue stands at 1.89 whereas that against EBITDA is 32.53.
Stock Price History:
Over the past 52 weeks, INOD has reached a high of $15.36, while it has fallen to a 52-week low of $5.57. The 50-Day Moving Average of the stock is 8.77, while the 200-Day Moving Average is calculated to be 9.58.
Shares Statistics:
It appears that INOD traded 528.88K shares on average per day over the past three months and 455k shares per day over the past ten days. A total of 28.75M shares are outstanding, with a floating share count of 26.77M. Insiders hold about 6.91% of the company’s shares, while institutions hold 36.37% stake in the company. Shares short for INOD as of Feb 29, 2024 were 2.98M with a Short Ratio of 5.64, compared to 3.15M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.37% and a Short% of Float of 11.41%.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
