Innodata Inc (NASDAQ:INOD) shares, rose in value on Thursday, July 10, with the stock price up by 1.27% to the previous day’s close as strong demand from buyers drove the stock to $52.7.
Actively observing the price movement in the last trading, the stock closed the session at $52.04, falling within a range of $50.5 and $53.8599. The value of beta (5-year monthly) was 2.658 whereas the PE ratio was 50.68 over 12-month period. Referring to stock’s 52-week performance, its high was $71.00, and the low was $13.02. On the whole, INOD has fluctuated by 8.28% over the past month.
With the market capitalization of Innodata Inc currently standing at about $1.67 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 241.13M, with a low estimate of 55.32M and a high estimate of 57.22M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 56.35M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that INOD’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.77, with the price of INOD currently trading nearly 10.64% and 23.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.54, while the 7-day volatility ratio is showing 7.42% which for the 30-day chart, stands at 8.80%. Furthermore, Innodata Inc (INOD)’s beta value is 2.76.
A comparison of Innodata Inc (INOD) with its peers suggests the former has fared considerably weaker in the market. INOD showed an intraday change of 1.27% in last session, and over the past year, it grew by 33.35%%.
Data on historical trading for Innodata Inc (NASDAQ:INOD) indicates that the trading volumes over the past 10 days have averaged 2.43 and over the past 3 months, they’ve averaged 2.23 million. According to company’s latest data on outstanding shares, there are 31.75 million shares outstanding.
Nearly 4.49% of Innodata Inc’s shares belong to company insiders and institutional investors own 55.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.72 million shares as on 2025-06-13, resulting in a short ratio of 2.5. According to the data, the short interest in Innodata Inc (INOD) stood at 1873.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 5.3 million. The stock has risen by 212.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the INOD stock heading into the next quarter.
