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The closing price of Innodata Inc (NASDAQ: INOD) was $13.95 for the day, down -2.52% from the previous closing price of $14.31. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 1.56 million shares were traded. INOD stock price reached its highest trading level at $14.0525 during the session, while it also had its lowest trading level at $13.02.
Ratios:
Our analysis of INOD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 286.82. 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, Craig Hallum on September 17, 2024, initiated with a Buy rating and assigned the stock a target price of $23.
On July 15, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $30.
On May 22, 2024, BWS Financial started tracking the stock assigning a Buy rating and target price of $24.BWS Financial initiated its Buy rating on May 22, 2024, with a $24 target price.
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 404393760 and an Enterprise Value of 392244320. As of this moment, Innodata’s Price-to-Earnings (P/E) ratio for their current fiscal year is 149.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 13.96. Its current Enterprise Value per Revenue stands at 3.654 whereas that against EBITDA is 55.378.
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 -18.66%, while the 200-Day Moving Average is calculated to be 21.92%.
Shares Statistics:
INOD traded an average of 557.73K shares per day over the past three months and 599750 shares per day over the past ten days. A total of 28.75M shares are outstanding, with a floating share count of 26.86M. Insiders hold about 7.33% of the company’s shares, while institutions hold 40.10% stake in the company. Shares short for INOD as of 1724976000 were 3609034 with a Short Ratio of 6.47, compared to 1722384000 on 2957996. Therefore, it implies a Short% of Shares Outstanding of 3609034 and a Short% of Float of 13.350001.
