Innodata Inc (NASDAQ: INOD) stock enjoyed a major increase of 14.2% on 6/3/24. The shares closed at $14.41. Moreover, above average trading volume at 139% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 11.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, INOD is expected to continue to be Value Creation neutral.
Innodata has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Innodata has a neutral Power Rating of 46 but a very low Appreciation Score of 2, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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