The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Innodata Inc’s current trading price is -39.52% away from its 52-week high, while its distance from the 52-week low is 70.13%. The stock’s price range for this period has been between $5.46 and $15.36 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 10.69 million for the day, a number notably higher than the average daily volume of 0.47 million over the last three months.
Innodata Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $15.36 on 08/30/23, while the lowest price for the same period was registered at $5.46 on 04/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Innodata Inc (INOD) has experienced a quarterly decline of -11.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 267.06M and boasts a workforce of 4325 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.80, with a change in price of +0.30. Similarly, Innodata Inc recorded 538,491 in trading volume during the last 100 days, posting a change of +3.37%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for INOD stands at 0.48. Similarly, the long-term debt-to-equity ratio is also 0.41.
INOD Stock Stochastic Average
Innodata Inc’s raw stochastic average for the past 50 days is presently 83.26%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 83.26%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.53% and 79.82%, respectively.
INOD Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 14.12% this year. Over the last six months, there has been a weaker performance of 4.61%. The price of INOD fallen by 37.41% during the last 30 days period. For the last 5-days stocks have improved 54.56%.
