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The price of Innodata Inc (NASDAQ: INOD) closed at $45.99 in the last session, up 0.20% from day before closing price of $45.90. In other words, the price has increased by $0.20 from its previous closing price. On the day, 2.8 million shares were traded. INOD stock price reached its highest trading level at $49.715 during the session, while it also had its lowest trading level at $44.39.
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 50.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 120.92. 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, 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.
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 Nov 12 ’24 when Toor Nauman Sabeeh bought 16,960 shares for $46.00 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 1333723904 and an Enterprise Value of 1311528960. As of this moment, Innodata’s Price-to-Earnings (P/E) ratio for their current fiscal year is 77.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.71 while its Price-to-Book (P/B) ratio in mrq is 27.96. Its current Enterprise Value per Revenue stands at 9.546 whereas that against EBITDA is 73.768.
Stock Price History:
Over the past 52 weeks, INOD has reached a high of $47.81, while it has fallen to a 52-week low of $5.46. The 50-Day Moving Average of the stock is 143.56%, while the 200-Day Moving Average is calculated to be 236.42%.
Shares Statistics:
According to the various share statistics, INOD traded on average about 732.90K shares per day over the past 3-months and 2205880 shares per day over the past 10 days. A total of 28.75M shares are outstanding, with a floating share count of 26.87M. Insiders hold about 7.33% of the company’s shares, while institutions hold 40.62% stake in the company. Shares short for INOD as of 1728950400 were 4104855 with a Short Ratio of 5.19, compared to 1726185600 on 3194514. Therefore, it implies a Short% of Shares Outstanding of 4104855 and a Short% of Float of 15.190000000000001.
