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The closing price of Innodata Inc (NASDAQ: INOD) was $58.11 for the day, down -1.86% from the previous closing price of $59.21. In other words, the price has decreased by -$1.86 from its previous closing price. On the day, 2.92 million shares were traded.
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 35.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.80. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
As of this moment, Innodata’s Price-to-Earnings (P/E) ratio for their current fiscal year is 68.55, and their Forward P/E ratio for the next fiscal year is 54.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.89 while its Price-to-Book (P/B) ratio in mrq is 28.66.
Stock Price History:
Over the past 52 weeks, INOD has reached a high of $71.00, while it has fallen to a 52-week low of $5.46. The 50-Day Moving Average of the stock is 38.71%, while the 200-Day Moving Average is calculated to be 127.24%.
Shares Statistics:
A total of 31.30M shares are outstanding, with a floating share count of 27.41M. Insiders hold about 5.49% of the company’s shares, while institutions hold 53.57% stake in the company.
