Innodata Inc (NASDAQ: INOD) stock suffered a major decline of -11.1% on 11/26/24. The shares closed at $40.37. Moreover, trading volume in this decline was unusually high at 164% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.6% during the last week.
Current PriceTarget Research Rating
Innodata has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Innodata has a very low Appreciation Score of 14 but a very high Power Rating of 97, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this highly negative 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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