Witnessing the stock’s movement on the chart, on Thursday, Inotiv Inc (NASDAQ: NOTV) had a quiet start as it plunged -7.44% to $6.59, before settling in for the price of $7.12 at the close. Taking a more long-term approach, NOTV posted a 52-week range of $1.61-$11.42.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 133.62%. Meanwhile, its Annual Earning per share during the time was -184.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 89.76%. This publicly-traded company’s shares outstanding now amounts to $25.78 million, simultaneously with a float of $23.00 million. The organization now has a market capitalization sitting at $169.96 million. At the time of writing, stock’s 50-day Moving Average stood at $7.24, while the 200-day Moving Average is $4.51.
Inotiv Inc (NOTV) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Diagnostics & Research industry. Inotiv Inc’s current insider ownership accounts for 10.83%, in contrast to 18.37% institutional ownership. According to the most recent insider trade that took place on Dec 14 ’23, this organization’s Chief Operating Officer bought 47,966 shares at the rate of 3.12, making the entire transaction reach 149,836 in total value, affecting insider ownership by 111,761. Preceding that transaction, on Dec 14 ’23, Company’s Chief Commercial Officer bought 5,000 for 2.83, making the whole transaction’s value amount to 14,145. This particular insider is now the holder of 16,467 in total.
Inotiv Inc (NOTV) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.6 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.85) by $0.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
Inotiv Inc’s EPS increase for this current 12-month fiscal period is 89.76% and is forecasted to reach -0.28 in the upcoming year.
Inotiv Inc (NASDAQ: NOTV) Trading Performance Indicators
Let’s observe the current performance indicators for Inotiv Inc (NOTV). It’s Quick Ratio in the last reported quarter now stands at 1.15. The Stock has managed to achieve an average true range (ATR) of 0.89. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.29. Similarly, its price to free cash flow for trailing twelve months is now 42.07.
In the same vein, NOTV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.29, a figure that is expected to reach -0.34 in the next quarter, and analysts are predicting that it will be -0.28 at the market close of one year from today.
Technical Analysis of Inotiv Inc (NOTV)
Going through the that latest performance of [Inotiv Inc, NOTV]. Its last 5-days volume of 0.5 million indicated improvement to the volume of 0.41 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 7.54% While, its Average True Range was 0.90.
Raw Stochastic average of Inotiv Inc (NOTV) in the period of the previous 100 days is set at 49.23%, which indicates a major rise in contrast to 10.06% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 133.91% that was higher than 119.81% volatility it exhibited in the past 100-days period.
