148.24% percent quarterly performance for Inotiv Inc (NOTV) is not indicative of the underlying story

Inotiv Inc (NASDAQ: NOTV) kicked off on Monday, down -11.06% from the previous trading day, before settling in for the closing price of $4.74. Over the past 52 weeks, NOTV has traded in a range of $1.23-$11.42.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 117.65%. While this was happening, its average annual earnings per share was recorded 54.97%. With a float of $27.05 million, this company’s outstanding shares have now reached $32.02 million.

Let’s determine the extent of company efficiency that accounts for 2075 employees. 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 15.51%, 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

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 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 0.27.

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)

Looking closely at Inotiv Inc (NASDAQ: NOTV), its last 5-days average volume was 0.86 million, which is a jump from its year-to-date volume of 0.45 million. As of the previous 9 days, the stock’s Stochastic %D was 36.87%. Additionally, its Average True Range was 0.66.

During the past 100 days, Inotiv Inc’s (NOTV) raw stochastic average was set at 56.98%, which indicates a significant increase from 22.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 218.08% in the past 14 days, which was higher than the 123.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.30, while its 200-day Moving Average is $3.14. However, in the short run, Inotiv Inc’s stock first resistance to watch stands at $4.60. Second resistance stands at $4.98. The third major resistance level sits at $5.21. If the price goes on to break the first support level at $3.99, it is likely to go to the next support level at $3.76. Should the price break the second support level, the third support level stands at $3.38.

Inotiv Inc (NASDAQ: NOTV) Key Stats

The company with the Market Capitalisation of 132.04 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.