Innodata stock: buy or sell?

INOD stock price: $1.44 18.03% At close on May 22nd, 2020

Updated on:
May 22nd, 2020

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Innodata climbed a dazzling 18.03% and closed at $1.44. Friday was the 4th green session in a row, marking 33.04%. On May 18th INOD collapsed a scary -8.49%.

Innodata Inc., a digital services and solutions company, provides technology solutions and services worldwide. The company operates through three segments: Digital Data Solutions (DDS), Innodata Advanced Data Solutions (IADS), and Media Intelligence Solutions (MIS).

Should I buy Innodata stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Just 1 of our buy setups matches with Innodata stock now:

Buy setupElegible
New all-time highNo
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Innodata stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for INOD stock for the last 30 days.

Innodata stock analysis

Daily outlook

Innodata closed on Friday at $1.44 and climbed a dazzling 18.03%.

Shares of Innodata climbed a dazzling 18.03% and closed at $1.44. For the last 5 days when INOD stock price broke up the SMA200d line, it gained $0.33 (29.73%).

INOD stock chart (daily)

Weekly outlook

Innodata shares broke up the simple moving average line of 200d, closing at $1.44.

Price finally broke over the resistance at $1.41 and continued climbing.

INOD stock chart (weekly)

Innodata stock price history

Innodata IPO was on August 10th, 1993 at $1.75 per share1. Since then, INOD stock declined a -17.70%, with a yearly average of -0.70%.

1: Adjusted price after possible price splits or reverse-splits.

Innodata stock historical price chart

INOD stock reached 52-week highs on Friday at $1.48, and all-time highs 2005-01-03 with a price of 10.07.

Innodata stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' INOD stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price forecast for Innodata stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when Innodata published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this review.
INOD earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.07n/a
2017-Q2-n/a-0.01n/a
2017-Q32017-11-07n/an/an/a
2017-Q42018-03-08n/a-0.02n/a
2018-Q12018-05-15n/a-0.01n/a
2018-Q22018-08-10n/a0.01n/a
2018-Q32018-11-08n/a-0.03n/a
2018-Q42019-03-14n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a rough slide of -5.76% to $57.42 million dollars. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) escalated a 8.30% to 0.01%.

INOD annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$64 M-$-10.63 M-16.5%-
2014$59 M-8.05%$-0.97 M-1.6%-90.84%
2015$59 M-0.94%$-2.83 M-4.8%190.14%
2016$63 M7.78%$-5.52 M-8.8%95.47%
2017$61 M-3.40%$-5.06 M-8.3%-8.49%
2018$57 M-5.76%$0.00 M0.0%-100.08%

Quarterly financial results

Innodata posted $14.98 M in sales for 2018-Q4, a 6.62% improvement compared to previous quarter. Reported quarter earnings marked $0.05 M with a profit margin of 0.33%. Profit margin declined a -4.56% compared to previous quarter when profit margin was 4.90%. When comparing sales to same quarter last year, Innodata sales marked a fateful correction and slightly fell a -4.34%.
INOD quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$15 M-$-1.73 M-11.6%-
2017-Q2$15 M2.34%$-0.17 M-1.1%-90.40%
2017-Q3$15 M-1.84%$-1.07 M-7.1%543.37%
2017-Q4$16 M4.26%$-2.09 M-13.4%95.79%
2018-Q1$14 M-9.82%$-0.27 M-1.9%-87.18%
2018-Q2$14 M1.06%$-0.47 M-3.3%73.88%
2018-Q3$14 M-1.55%$0.69 M4.9%-247.64%
2018-Q4$15 M6.62%$0.05 M0.3%-92.73%

Innodata ownership

When you are planning to buy a stock, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Innodata, 10.22% of all outstanding shares are owned by its staff.

In case of Innodata stock, 20.51% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for INOD stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

INOD
Market cap$35.2 M
Total shares24.5 M
Float shares21.9 M
  - Institutional holdings (%)20.5%
  - Insider holdings (%)10.2%
Shares in short selling0.0%

Innodata summary

Friday, May 22nd, 2020
Open$1.19
Close$1.44
Day range$1.19 - $1.48
Previous close$1.22
Session gain18.03%
Average true range$0.11
50d mov avg$0.97
100d mov avg$1.07
200d mov avg$1.17
Daily pattern
Weekly pattern lb01c

Innodata performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose as the bechmarking frame for Innodata stock.
Stock3m6m12m
INODInnodata26.32%13.39%42.57%

Innodata competitors

Unfortunately, we could not find any public company that could be defined as Innodata competitor. This doesn't mean Innodata does not have any competitor in the market, it's just we could not detected it.