On Friday, Inotiv Inc (NASDAQ: NOTV) was -5.47% drop from the session before settling in for the closing price of $4.02. A 52-week range for NOTV has been $1.23 – $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
Healthcare Sector giant saw their annual sales surged by 117.65% over the last five years. When this article was written, the company’s average yearly earnings per share was at 51.07%. With a float of $22.15 million, this company’s outstanding shares have now reached $26.02 million.
The firm has a total of 1977 workers. Let’s measure their productivity. In terms of profitability, gross margin is 16.87%, operating margin of -16.6%, and the pretax margin is -26.65%.
Inotiv Inc (NOTV) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Inotiv Inc stocks. The insider ownership of Inotiv Inc is 14.86%, while institutional ownership is 13.53%. The most recent insider transaction that took place on Dec 14 ’23, was worth 14,145. In this transaction Chief Commercial Officer of this company bought 5,000 shares at a rate of $2.83, taking the stock ownership to the 16,467 shares. Before that another transaction happened on Dec 14 ’23, when Company’s Chief Operating Officer bought 47,966 for $3.12, making the entire transaction worth $149,836. This insider now owns 111,761 shares in total.
Inotiv Inc (NOTV) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 51.07% per share during the next fiscal year.
Inotiv Inc (NASDAQ: NOTV) Trading Performance Indicators
You can see what Inotiv Inc (NOTV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.19, a number that is poised to hit -0.80 in the next quarter and is forecasted to reach -1.38 in one year’s time.
Technical Analysis of Inotiv Inc (NOTV)
Analysing the last 5-days average volume posted by the [Inotiv Inc, NOTV], we can find that recorded value of 1.29 million was better than the volume posted last year of 0.37 million. As of the previous 9 days, the stock’s Stochastic %D was 45.36%. Additionally, its Average True Range was 0.48.
During the past 100 days, Inotiv Inc’s (NOTV) raw stochastic average was set at 71.22%, which indicates a significant increase from 53.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 115.18% in the past 14 days, which was higher than the 97.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.44, while its 200-day Moving Average is $3.36. Now, the first resistance to watch is $4.08. This is followed by the second major resistance level at $4.37. The third major resistance level sits at $4.53. If the price goes on to break the first support level at $3.63, it is likely to go to the next support level at $3.47. Should the price break the second support level, the third support level stands at $3.18.
Inotiv Inc (NASDAQ: NOTV) Key Stats
There are 26,015K outstanding shares of the company, which has a market capitalization of 93.45 million. As of now, sales total 572,430 K while income totals -105,140 K. Its latest quarter income was 105,790 K while its last quarter net income were -26,090 K.
