INOD Stock Summary and Trading Ideas (Innodata | NASDAQ:INOD)

Innodata Inc is a digital services and solutions company. It provides technology and services to information products and online retail destinations. The company has three operating segments: Digital data solutions, Synodex, and Agility. It serves publishers, media and information companies, digital retailers, banks, insurance companies, government agencies, and other industries. Geographically, it operates in the United States, United Kingdom, Netherlands, Canada, and Europe.

Innodata trades on the NASDAQ stock market under the symbol INOD.

As of January 31, 2025, INOD stock price climbed to $37.08 with 1,448,997 million shares trading.

INOD has a beta of 4.48, meaning it tends to be more sensitive to market movements. INOD has a correlation of 0.22 to the broad based SPY ETF.

INOD has a market cap of $1.07 billion. This is considered a Small Cap stock.

Last quarter Innodata reported $52 million in Revenue and $.35 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.22.

In the last 3 years, INOD traded as high as $55.17 and as low as $2.78.

The top ETF exchange traded funds that INOD belongs to (by Net Assets): VTI, IWM, VXF, IWO, VTWO.

INOD has outperformed the market in the last year with a return of +241.8%, while the SPY ETF gained +24.0%. In the last 3 month period, INOD beat the market returning +73.0%, while SPY returned +4.1%. However, in the most recent 2 weeks INOD has underperformed the stock market by returning 0.0%, while SPY returned +1.7%.

INOD support price is $33.80 and resistance is $38.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that INOD shares will trade within this expected range on the day.