Innodata saw its IBD SmartSelect Composite Rating jump to 96 Wednesday, up from 91 the day before.
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The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.
Innodata is currently forming a cup without handle, with a 55.69 entry. Look for the stock to break out in volume at least 40% higher than normal.
The stock earns an 80 EPS Rating, meaning its recent quarterly and annual earnings growth tops 80% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q2, the company posted 0% earnings-per-share growth. Sales growth came in at 79%, down from 120% in the prior quarter.
Innodata earns the No. 3 rank among its peers in the Computer-Technical Services industry group. TaskUs is the No. 1-ranked stock within the group.
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