InvestorsObserver
×
News Home

How Will the Market React to Innodata Inc (INOD) Stock Getting a Bearish Rating

Wednesday, November 22, 2023 01:37 PM | InvestorsObserver Analysts

Mentioned in this article

How Will the Market React to Innodata Inc (INOD) Stock Getting a Bearish Rating

Overall market sentiment has been down on Innodata Inc (INOD) stock lately. INOD receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Innodata Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on INOD!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With INOD Stock Today?

Innodata Inc (INOD) stock is lower by -6.57% while the S&P 500 has gained 0.48% as of 1:26 PM on Wednesday, Nov 22. INOD is lower by -$0.55 from the previous closing price of $8.37 on volume of 350,255 shares. Over the past year the S&P 500 has gained 15.45% while INOD has gained 153.07%. INOD lost -$0.17 per share in the over the last 12 months. To screen for more stocks like Innodata Inc click here.

More About Innodata Inc

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. Click Here to get the full Stock Report for Innodata Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App