Innodata (NASDAQ:INOD) Cut to Hold at ValuEngine

ValuEngine cut shares of Innodata (NASDAQ:INOD) from a buy rating to a hold rating in a research note issued to investors on Wednesday, ValuEngine reports.

NASDAQ INOD opened at $1.34 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.35. The business’s fifty day moving average is $1.30 and its 200 day moving average is $1.17. Innodata has a fifty-two week low of $0.88 and a fifty-two week high of $2.05.

Innodata (NASDAQ:INOD) last released its earnings results on Thursday, August 8th. The technology company reported ($0.03) earnings per share for the quarter. The company had revenue of $13.64 million for the quarter. Innodata had a negative net margin of 3.09% and a negative return on equity of 5.75%.

Innodata Company Profile

Innodata Inc operates as a digital services and solution company worldwide. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility PR Solutions (Agility). The DDS segment combines deep neural networks and human expertise to make unstructured information useable for various domains, including health, science, and law.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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