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Innodata (INOD) Catches Eye: Stock Surges 13.9%
May 01, 2014

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Innodata Inc. was a big mover last session, with shares rising nearly 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month’s volatile price range of $2.71 to $2.98.

This technology software and services company has seen no estimate revisions in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Innodata currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Better-ranked stocks in the same sector include Ebix Inc. (EBIX - Free Report) , iGATE Corp. and PDF Solutions Inc. (PDFS - Free Report) . All these stocks carry a Zacks Rank #2 (Buy).

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