Innodata (INOD) Worth Watching: Stock Moves 9.4% Higher - Tale of the Tape

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Innodata Inc. ( INOD ) was a big mover last session, with shares rising over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend of the company as the stock has lost nearly 4% since April 30.

This technology software and services company has seen one positive estimate revision in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's rally can turn into more strength down the road.

Innodata currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Investors interested in the Computer Services industry may also consider stocks like Ebix Inc. ( EBIX ), iGATE Corp. ( IGTE ) and PDF Solutions Inc. ( PDFS ). While Ebix sports a Zacks Rank #1 (Strong Buy), iGATE and PDF Solutions carry a Zacks Rank #2 (Buy).

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

EBIX INC (EBIX): Get Free Report

IGATE CORP (IGTE): Free Stock Analysis Report

INNODATA ISOGEN (INOD): Free Stock Analysis Report

PDF SOLUTIONS (PDFS): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: EBIX , IGTE , INOD , PDFS

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