Insider Buying: Innodata Inc (NASDAQ:INOD) Director Purchases 15,000 Shares of Stock
Innodata Inc (NASDAQ:INOD) Director David B. Atkinson acquired 15,000 shares of the company’s stock in a transaction dated Wednesday, June 12th. The shares were bought at an average price of $1.00 per share, for a total transaction of $15,000.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
INOD traded down $0.01 during trading hours on Friday, reaching $0.99. The company’s stock had a trading volume of 1,104 shares, compared to its average volume of 11,001. Innodata Inc has a 52 week low of $0.95 and a 52 week high of $2.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.76 and a current ratio of 1.76.
Innodata (NASDAQ:INOD) last posted its quarterly earnings results on Thursday, May 9th. The technology company reported ($0.02) earnings per share for the quarter. Innodata had a negative net margin of 2.73% and a negative return on equity of 2.92%. The business had revenue of $13.69 million during the quarter.
Separately, TheStreet cut Innodata from a “c-” rating to a “d+” rating in a research note on Monday, May 13th.
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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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