On 12/19/24, Innodata Inc (NASDAQ: INOD) stock enjoyed a major increase of 16.3%, closing at $39.76. Moreover, this advance was accompanied by unusually high trading volume at 157% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.4% during the last week.
Current PriceTarget Research Rating
Innodata has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Innodata has a poor Appreciation Score of 18 but a very high Power Rating of 100, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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