Innodata Reaches New 12-Month High Still a Buy?
INOD Stock | USD 41.08 2.75 7.17% |
About 69 percent of all Innodata's shareholders are curious in acquiring. The analysis of overall sentiment of trading Innodata stock suggests that quite a large number of investors are confidant at this time. The current market sentiment, together with Innodata's historical and current headlines, can help investors time the market. In addition, many technical investors use Innodata stock news signals to limit their universe of possible portfolio assets.
Innodata |
Innodata Inc. s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as 21.99 and last traded at 21.89, with a volume of 101475 shares traded. The stock had previously closed at 20.64. Analyst Upgrades and Downgrades Several equities analysts recently issued
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Innodata Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Innodata can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Innodata Fundamental Analysis
We analyze Innodata's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innodata using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innodata based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Innodata is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Innodata Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Innodata stock to make a market-neutral strategy. Peer analysis of Innodata could also be used in its relative valuation, which is a method of valuing Innodata by comparing valuation metrics with similar companies.
Peers
Innodata Related Equities
ARBB | ARB IOT | 10.87 | ||||
BBAI | BigBearai Holdings | 6.51 | ||||
CSPI | CSP | 2.72 | ||||
NABL | N Able | 1.56 | ||||
CLPS | CLPS | 0.91 | ||||
III | Information Services | 0.82 | ||||
ASGN | ASGN | 0.63 | ||||
IBM | International Business | 0.22 | ||||
AUR | Aurora Innovation | 0.31 | ||||
NYAX | Nayax | 0.37 | ||||
HCKT | Hackett | 0.38 | ||||
EXLS | ExlService Holdings | 0.49 | ||||
G | Genpact | 0.71 | ||||
NOTE | FiscalNote Holdings | 2.25 | ||||
FORTY | Formula Systems | 2.31 |
Complementary Tools for Innodata Stock analysis
When running Innodata's price analysis, check to measure Innodata's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innodata is operating at the current time. Most of Innodata's value examination focuses on studying past and present price action to predict the probability of Innodata's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innodata's price. Additionally, you may evaluate how the addition of Innodata to your portfolios can decrease your overall portfolio volatility.
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