Inotiv Inc (NOTV) is gearing up for another turning point as it hit the volume of 0.67 million

Inotiv Inc (NASDAQ: NOTV) kicked off on Monday, down -3.43% from the previous trading day, before settling in for the closing price of $4.08. Over the past 52 weeks, NOTV has traded in a range of $1.23-$11.42.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 117.65%. While this was happening, its average annual earnings per share was recorded 54.97%. With a float of $27.08 million, this company’s outstanding shares have now reached $32.02 million.

Considering the fact that the conglomerate employs 2075 people, you should pay attention to its efficiency factor. 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

Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Inotiv Inc is 15.42%, while institutional ownership is 10.99%. The most recent insider transaction that took place on Dec 19 ’24, was worth 99,998. In this transaction Director of this company bought 23,529 shares at a rate of $4.25, taking the stock ownership to the 176,851 shares. Before that another transaction happened on Dec 10 ’24, when Company’s Chief Operating Officer bought 30,000 for $4.75, making the entire transaction worth $142,500. This insider now owns 161,761 shares in total.

Inotiv Inc (NOTV) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 54.97% per share during the next fiscal year.

Inotiv Inc (NASDAQ: NOTV) Trading Performance Indicators

Take a look at Inotiv Inc’s (NOTV) current performance indicators. Last quarter, stock had a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.19, a number that is poised to hit -0.74 in the next quarter and is forecasted to reach -1.28 in one year’s time.

Technical Analysis of Inotiv Inc (NOTV)

Compared to the last year’s volume of 0.44 million, its volume of 2.28 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.77%. Additionally, its Average True Range was 0.69.

During the past 100 days, Inotiv Inc’s (NOTV) raw stochastic average was set at 51.65%, which indicates a significant increase from 16.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 205.47% in the past 14 days, which was higher than the 121.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.08, while its 200-day Moving Average is $3.21. Nevertheless, the first resistance level for the watch stands at $4.11 in the near term. At $4.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.44. If the price goes on to break the first support level at $3.78, it is likely to go to the next support level at $3.62. Should the price break the second support level, the third support level stands at $3.45.

Inotiv Inc (NASDAQ: NOTV) Key Stats

The company with the Market Capitalisation of 126.14 million has total of 26,015K Shares Outstanding. Its annual sales at the moment are 490,740 K in contrast with the sum of -108,450 K annual income. Company’s last quarter sales were recorded 130,420 K and last quarter income was -18,890 K.