Innodata Inc’s recent filing unveils that its Director FORLENZA LOUISE C unloaded Company’s shares for reported $0.26 million on Mar 03 ’25. In the deal valued at $52.92 per share,5,000 shares were sold. As a result of this transaction, FORLENZA LOUISE C now holds 8,278 shares worth roughly $0.39 million.
Then, LOUISE FORLENZA bought 5,000 shares, generating $264,608 in total proceeds.
Before that, FORLENZA LOUISE C sold 774 shares. Innodata Inc shares valued at $50,302 were divested by the Director at a price of $64.99 per share. As a result of the transaction, FORLENZA LOUISE C now holds 0 shares, worth roughly $0.0.
Wedbush initiated its Innodata Inc [INOD] rating to an Outperform in a research note published on December 19, 2024; the price target was $48. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating. Maxim Group began covering INOD with “Buy” recommendation on July 15, 2024. BWS Financial started covering the stock on May 22, 2024. It rated INOD as “a Buy”.
Price Performance Review of INOD
On Friday, Innodata Inc [NASDAQ:INOD] saw its stock jump 2.03% to $47.25. Over the last five days, the stock has lost -10.38%. Innodata Inc shares have risen nearly 19.56% since the year began. Nevertheless, the stocks have risen 561.76% over the past one year. While a 52-week high of $71.00 was reached on 02/21/25, a 52-week low of $5.46 was recorded on 01/27/25. SMA at 50 days reached $44.28, while 200 days put it at $27.21.
Levels Of Support And Resistance For INOD Stock
The 24-hour chart illustrates a support level at 44.34, which if violated will result in even more drops to 41.42. On the upside, there is a resistance level at 48.94. A further resistance level may holdings at 50.62. The Relative Strength Index (RSI) on the 14-day chart is 47.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.16%. Stochastics %K at 18.09% indicates the stock is a buying.
