INOD
Innodata Inc. Technology - Information Technology Services Investor Relations →
Innodata Inc. (INOD) closed at $47.59 as of 2026-02-02, trading 114.6% above its 200-week moving average of $22.18. The stock is currently moving closer to the line, down from 152.3% last week. With a 14-week RSI of 30, INOD is in oversold territory.
Over the past 1647 weeks of data, INOD has crossed below its 200-week moving average 18 times. On average, these episodes lasted 54 weeks. Historically, investors who bought INOD at the start of these episodes saw an average one-year return of +62.3%.
With a market cap of $1516 million, INOD is a small-cap stock. The company generates a free cash flow yield of 1.8%. Return on equity stands at 46.7%, indicating strong profitability. The stock trades at 15.6x book value.
Share count has increased 15.2% over three years, indicating dilution. INOD passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 31.7 years, a hypothetical investment of $100 in INOD would have grown to $2929, compared to $2627 for the S&P 500. That represents an annualized return of 11.3% vs 10.9% for the index — confirming INOD as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 226.6% compound annual rate, with 2 consecutive years of positive cash generation.
Growth of $100: INOD vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After INOD Crosses Below the Line?
Across 18 historical episodes, buying INOD when it crossed below its 200-week moving average produced an average return of +81.3% after 12 months (median -15.0%), compared to +8.6% for the S&P 500 over the same periods. 28% of those episodes were profitable after one year. After 24 months, the average return was +87.6% vs +27.3% for the index.
Each line shows $100 invested at the moment INOD crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
INOD has crossed below its 200-week MA 18 times with an average 1-year return of +62.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 1994 | Jul 1998 | 209 | 86.0% | -40.4% | +2828.6% |
| Aug 1998 | Mar 1999 | 30 | 51.1% | +112.0% | +9037.3% |
| Sep 2001 | Oct 2001 | 2 | 20.6% | -40.1% | +2749.7% |
| Feb 2002 | Mar 2002 | 5 | 15.5% | -59.5% | +2043.7% |
| Apr 2002 | Sep 2003 | 77 | 67.5% | -54.1% | +1978.2% |
| Apr 2005 | May 2005 | 4 | 9.2% | -3.3% | +1662.6% |
| May 2005 | Jun 2005 | 1 | 0.8% | -14.9% | +1587.6% |
| Jun 2005 | Jun 2005 | 1 | 2.0% | -22.2% | +1605.7% |
| Aug 2005 | Nov 2005 | 13 | 18.3% | -36.5% | +1689.1% |
| Mar 2006 | Apr 2007 | 59 | 47.5% | +4.6% | +1723.4% |
| May 2008 | Mar 2009 | 44 | 54.1% | +43.8% | +1263.6% |
| Apr 2010 | Nov 2011 | 83 | 39.5% | -25.1% | +1275.4% |
| Jul 2012 | Aug 2012 | 4 | 8.7% | -20.5% | +1236.8% |
| Sep 2012 | Sep 2012 | 1 | 4.5% | -30.0% | +1162.3% |
| Oct 2012 | Aug 2020 | 406 | 59.6% | -36.4% | +1182.7% |
| Aug 2022 | Jan 2023 | 22 | 26.8% | +293.9% | +1279.4% |
| Mar 2024 | Mar 2024 | 1 | 0.5% | +564.9% | +656.6% |
| Apr 2024 | Apr 2024 | 3 | 9.7% | +485.9% | +651.8% |
| Average | 54 | — | +62.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02