Inotiv Inc (NASDAQ: NOTV) on Tuesday, soared 9.73% from the previous trading day, before settling in for the closing price of $4.42. Within the past 52 weeks, NOTV’s price has moved between $1.61 and $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
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 133.62%. The company achieved an average annual earnings per share of 89.76%. With a float of $23.00 million, this company’s outstanding shares have now reached $25.78 million.
The extent of productivity of a business whose workforce counts for 1955 workers is very important to gauge.
Inotiv Inc (NOTV) Insider and Institutional Ownership
Observing investor behavior towards Diagnostics & Research industry stocks is more important than anything else. The insider ownership of Inotiv Inc is 10.83%, while institutional ownership is 18.47%. The most recent insider transaction that took place on Dec 14 ’23, was worth 149,836. In this transaction Chief Operating Officer of this company bought 47,966 shares at a rate of $3.12, taking the stock ownership to the 111,761 shares. Before that another transaction happened on Dec 14 ’23, when Company’s Chief Commercial Officer bought 5,000 for $2.83, making the entire transaction worth $14,145. This insider now owns 16,467 shares in total.
Inotiv Inc (NOTV) Latest Financial update
As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported -0.39 earnings per share (EPS) for the period topping the consensus outlook (set at -0.42) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 89.76% per share during the next fiscal year.
Inotiv Inc (NASDAQ: NOTV) Trading Performance Indicators
Inotiv Inc (NOTV) is currently performing well based on its current performance indicators. A quick ratio of 1.15 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21. Likewise, its price to free cash flow for the trailing twelve months is 30.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.29, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -0.28 in one year’s time.
Technical Analysis of Inotiv Inc (NOTV)
The latest stats from [Inotiv Inc, NOTV] show that its last 5-days average volume of 0.57 million was superior to 0.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.63%. Additionally, its Average True Range was 0.73.
During the past 100 days, Inotiv Inc’s (NOTV) raw stochastic average was set at 28.60%, which indicates a significant increase from 12.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 132.62% in the past 14 days, which was higher than the 115.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.45, while its 200-day Moving Average is $4.52. Now, the first resistance to watch is $5.11. This is followed by the second major resistance level at $5.38. The third major resistance level sits at $5.73. If the price goes on to break the first support level at $4.49, it is likely to go to the next support level at $4.14. The third support level lies at $3.87 if the price breaches the second support level.
Inotiv Inc (NASDAQ: NOTV) Key Stats
Market capitalization of the company is 125.08 million based on 25,791K outstanding shares. Right now, sales total 572,430 K and income totals -105,140 K. The company made 135,500 K in profit during its latest quarter, and -15,390 K in sales during its previous quarter.
