Set Your Sights On Innodata Inc (NASDAQ: INOD)’S Upside Potential

Innodata Inc (INOD) concluded trading on Thursday at a closing price of $8.52, with 3.22 million shares of worth about $27.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -35.21% during that period and on Thursday the price saw a loss of about -30.48%. Currently the company’s common shares owned by public are about 27.41M shares, out of which, 26.72M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 41 times over the past 12 months. They bought 431,859 shares in 13 of the transactions. In 28 selling transactions, insiders dumped 1,055,910 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the stock later moved at a day high price of 12.48, or with a loss of -30.48%. Stock saw a price change of -24.67% in past 5 days and over the past one month there was a price change of 11.96%. Year-to-date (YTD), INOD shares are showing a performance of 4.67% which increased to 39.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.57 but also hit the highest price of $15.36 during that period. The average intraday trading volume for Innodata Inc shares is 444.21K. The stock is currently trading -19.14% below its 20-day simple moving average (SMA20), while that difference is down -5.91% for SMA50 and it goes to -11.64% lower than SMA200.

Innodata Inc (NASDAQ: INOD) currently have 27.41M outstanding shares and institutions hold larger chunk of about 36.48% of that.

The stock has a current market capitalization of $244.61M and its 3Y-monthly beta is at 2.09. It has posted earnings per share of -$0.17 in the same period. It has Quick Ratio of 1.28 while making debt-to-equity ratio of 0.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for INOD, volatility over the week remained 15.01% while standing at 9.49% over the month.

Analysts are in expectations that Innodata Inc (INOD) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. EPS is likely to grow at an annualized rate of 20.00% for next 5-years, compared to annual growth of -17.44% made by the stock over the past 5-years.

Most Popular

Related Posts