How to Buy Innodata Stock

Step 1: Choose where to buy Innodata stock

You need a brokerage account in order to access the NASDAQ market and buy INOD shares.

Step 2: Create a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal details so you can buy INOD today.

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2. Input your personal details to create your new brokerage account.

3. Send your application by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've filled out your info on the best stock market app, your next step is to transfer the money for your investment:

Check out the walkthrough below to see the process of depositing money into your new brokerage account.

Step 4: Analyze Innodata stock

Once you have identified the best place to buy Innodata stock, it's important to analyze their stock before you buy, so you can comprehend the risk as well as the upside.

Innodata Numbers

Fundamentals of Innodata

WallStreetZen was designed to help everyday investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on INOD's stock page.

Is INOD stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge INOD's true value.

Using relative valuations methods:

• INOD may be overvalued based on its P/E ratio of 57.89x, relative to Information Technology Services industry P/E ratio of 31.46x
• INOD may be overvalued based on its P/B ratio of 24.27x, relative to Information Technology Services industry P/B ratio of 5.47x

You can access more valuation research on INOD's stock here.

INOD Financial Health Overview

Positive Health Checks:

• INOD earnings of $15.02M is not enough to cover its interest payments.
• There are more short-term assets than short-term liabilities on the INOD balance sheet.
• INOD profit margin has gone up from -5.6% to 14.6% in the past year.
• There are more short-term assets than long-term liabilities on the INOD balance sheet.
• INOD's operating cash flow of $17.80M allows it to safely service it's debt of $12.19M.

Negative Health Checks:

• INOD has a relatively high debt to equity ratio of 0.85.
• Total INOD debt is higher than 5 years ago, relative to shareholder equity.

Do Wall Street analysts think it's a good time to buy INOD stock

Out of 3 Equities analysts who give recommendations on INOD, the consensus analyst rating on Innodata is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Innodata stock forecast page.

INOD Momentum

How is INOD performing as a company?

Last year, INOD earnings were $20.02M. Over the last 3 year, INOD's earnings have grown by 281.61% per year. This was faster than the Information Technology Services industry average of 7.93%.

Last year, INOD revenue was $137.39M. Over the past five year, INOD's revenue has grown by 19.59% per year. This was faster than the Information Technology Services industry average of 5.69%.

Find out more about INOD's earnings and revenue performance here.

Who is buying/selling INOD?

In the past 12 months, executives and large shareholders at INOD have sold more shares than they have bought.

Jack Abuhoff, CEO and President of INOD, was the latest INOD insider to sell. They sold $3,911,495.40 worth of INOD stock on Nov 25, 2024.

Research more about who owns INOD shares here.

Does INOD provide a stable income stream?

No, Innodata doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your INOD buy order

You have two primary types of orders:

• Market order: A market order is an order to buy or sell a security at the best available price.
  Market orders are generally the best for newer investors.
• Limit order: A limit order lets you buy or sell a security at a specific price (or better).
  If you want to be sure you're buying or selling at a particular price, place a limit order.

Hit the Open Trade button and eToro will execute the order.

If you want more assistance buying stocks on eToro, click the how to video below:

Step 6: Watch your investment in INOD

Now that you own some INOD stock, you'll want to keep up with your investment.

Put INOD on a watchlist to get notified of important updates regarding your INOD stock.

How to Buy Stock in Innodata

To reiterate, here are the 6 steps you need to take to buy Innodata stock right now:

1. Choose where to buy Innodata stock
2. Create a brokerage account
3. Fund your brokerage account
4. Analyze Innodata stock
5. Place your INOD buy order
6. Watch your investment in INOD

If you are looking for a place to buy stocks, eToro is our recommended option.

If you want to get the latest scoop on your new investment in Innodata, create a watchlist today.

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