Somewhat Favorable News Coverage Somewhat Likely to Impact Innodata (INOD) Stock Price

Headlines about Innodata (NASDAQ:INOD) have been trending somewhat positive on Friday, AlphaOne Sentiment reports. AlphaOne, a service of Accern, scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Innodata earned a news impact score of 0.16 on AlphaOne’s scale. AlphaOne also gave news headlines about the technology company an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the company’s share price in the next several days.

Insider Buying and Selling by Quarter for Innodata (NASDAQ:INOD)

Shares of Innodata (INOD) traded down 8.57% during mid-day trading on Friday, hitting $1.60. The stock had a trading volume of 114,489 shares. The firm has a 50 day moving average price of $1.73 and a 200 day moving average price of $2.03. Innodata has a 52-week low of $1.35 and a 52-week high of $2.80. The firm’s market cap is $41.40 million.

Innodata (NASDAQ:INOD) last issued its earnings results on Monday, May 8th. The technology company reported ($0.07) earnings per share for the quarter. The business had revenue of $14.95 million for the quarter. Innodata had a negative return on equity of 16.30% and a negative net margin of 11.64%. Equities analysts predict that Innodata will post ($0.07) EPS for the current year.

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About Innodata

Innodata Inc is a digital services and solutions company. The Company’s technology and services power information products and online retail destinations around the world. Its segments include Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The CS segment provides solutions, such as development of digital content (including e-books), development of digital information products, and operational support of digital information products and systems.

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