On Friday, Inotiv Inc (NASDAQ: NOTV) was 26.06% up from the session before settling in for the closing price of $4.72. A 52-week range for NOTV has been $1.23 – $11.42.
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A company in the Healthcare sector has jumped its sales by 117.65% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 51.07%. With a float of $22.03 million, this company’s outstanding shares have now reached $26.02 million.
In an organization with 2075 employees, it is important to assess its efficiency. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Inotiv Inc stocks. The insider ownership of Inotiv Inc is 15.31%, while institutional ownership is 13.53%. The most recent insider transaction that took place on Dec 10 ’24, was worth 142,500. In this transaction Chief Operating Officer of this company bought 30,000 shares at a rate of $4.75, taking the stock ownership to the 161,761 shares. Before that another transaction happened on Dec 10 ’24, when Company’s Director bought 7,500 for $4.26, making the entire transaction worth $31,950. This insider now owns 65,537 shares in total.
Inotiv Inc (NOTV) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
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 0.40.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.09 million. That was better than the volume of 0.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 83.30%. Additionally, its Average True Range was 0.61.
During the past 100 days, Inotiv Inc’s (NOTV) raw stochastic average was set at 93.10%, which indicates a significant increase from 88.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 158.12% in the past 14 days, which was higher than the 107.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.75, while its 200-day Moving Average is $3.32. However, in the short run, Inotiv Inc’s stock first resistance to watch stands at $6.54. Second resistance stands at $7.13. The third major resistance level sits at $7.96. If the price goes on to break the first support level at $5.12, it is likely to go to the next support level at $4.29. Assuming the price breaks the second support level, the third support level stands at $3.70.
Inotiv Inc (NASDAQ: NOTV) Key Stats
There are 26,015K outstanding shares of the company, which has a market capitalization of 195.13 million. As of now, sales total 490,740 K while income totals -108,450 K. Its latest quarter income was 130,420 K while its last quarter net income were -18,890 K.
