Innodata Trading Down 6.0 %
NASDAQ:INOD opened at $7.92 on Friday. The firm has a market cap of $224.13 million, a P/E ratio of -26.40 and a beta of 2.01. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.31. The stock’s 50 day simple moving average is $11.91 and its 200-day simple moving average is $9.94. Innodata has a 12-month low of $2.78 and a 12-month high of $15.36.
Innodata (NASDAQ:INOD – Get Free Report) last released its earnings results on Thursday, August 10th. The technology company reported ($0.03) earnings per share (EPS) for the quarter. Innodata had a negative net margin of 10.77% and a negative return on equity of 43.47%. The company had revenue of $19.66 million during the quarter.
Insiders Place Their Bets
Hedge Funds Weigh In On Innodata
Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada acquired a new stake in Innodata during the second quarter worth about $25,000. Geneos Wealth Management Inc. acquired a new stake in Innodata during the second quarter worth about $40,000. Strs Ohio acquired a new stake in Innodata during the second quarter worth about $66,000. California State Teachers Retirement System acquired a new stake in Innodata during the second quarter worth about $95,000. Finally, Osaic Holdings Inc. acquired a new stake in Innodata during the second quarter worth about $102,000. 40.53% of the stock is currently owned by hedge funds and other institutional investors.
Innodata Inc operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of AI data preparation services; collecting or creating training data; annotating training data; and training AI algorithms for its customers, as well as AI model deployment and integration services.
- Five stocks we like better than Innodata
- The Significance of Brokerage Rankings in Stock Selection
- 5 Reasons Apple’s New Phone Moves the Needle: 5 That It Won’t
- How to Calculate Return on Investment (ROI)
- MarketBeat Week in Review – 9/11 – 9/15
- The How and Why of Investing in Gold Stocks
- China’s Jump In Car Sales Is Drawing Big Money To These Stocks
Receive News & Ratings for Innodata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innodata and related companies with MarketBeat.com's FREE daily email newsletter.