INOD’s price-to-cash ratio: Is it a good investment at the moment?

Innodata Inc (INOD)’s stock has witnessed a price hike of 17.67% from the previous close with its current price standing at $19.91. Its current price is 12.17% under its 52-week high of $17.75 and 264.65% more than its 52-week low of $5.46. Based on the past 30-day period, the stock price is -3.91% below the high and +59.18% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, INOD’s SMA-200 is $9.25.

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

Additionally, it is important to take into account INOD stock ratios, including its price-to-sales ratio, which is 6.06 for the last tewlve months.Likewise, its price to free cash flow for the last twelve months stands at 100.78. INOD’s price to book ratio for the most recent quarter was 20.77, resulting in an 30.14 price to cash per share for the period.

How does Innodata Inc (INOD) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 1 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.00 in simple terms.

Innodata Inc (INOD): Earnings History

In the 3 months period before the previous quarter which was closed on , the stock recorded adjusted earnings per share of -$ in contrast with the Outlook of -$.

Innodata Inc (NASDAQ: INOD) Ownership Details

I will give a breakdown of the key shareholders in Innodata Inc (INOD). Recent figures show that the company’s insiders hold 6.90% of shares. A total of 102 institutional investors hold shares in the company, making 37.84% of its stock and 40.65% of its float.

Mar 31, 2024 , it was reported that the Company’s largest institutional holder is Blackrock Inc. holding total of 1.82 shares that make 6.34% of the company’s total number of shares and are currently priced at 36.16 million.

The securities firm Vanguard Group Inc holds 1.46 shares of INOD, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 5.08% , and the holding percentage of shares is valued at 28.97 million.

An overview of Innodata Inc’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Innodata Inc (INOD) traded 491,603 shares per day, with a moving average of $15.36 and price change of +4.53. With the moving average of $13.52 and a price change of +14.16, about 956,023 shares changed hands on average over the past 50 days. Finally, INOD’s 100-day average volume is 677,012 shares, alongside a moving average of $10.06 and a price change of +11.43.

Related Posts