Inotiv Inc (NASDAQ: NOTV) on Tuesday, soared 1.47% from the previous trading day, before settling in for the closing price of $4.43. Within the past 52 weeks, NOTV’s price has moved between $1.23 and $11.42.
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Annual sales at Healthcare sector company grew by 117.65% over the past five years. The company achieved an average annual earnings per share of 55.13%. With a float of $29.47 million, this company’s outstanding shares have now reached $33.72 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
Observing investor behavior towards Diagnostics & Research industry stocks is more important than anything else. The insider ownership of Inotiv Inc is 12.60%, while institutional ownership is 12.17%. The most recent insider transaction that took place on Jan 31 ’25, was worth 94,298. In this transaction President and CEO of this company sold 22,700 shares at a rate of $4.15, taking the stock ownership to the 1,030,209 shares. Before that another transaction happened on Jan 31 ’25, when Company’s Chief Financial Officer sold 2,054 for $4.46, making the entire transaction worth $9,171. This insider now owns 112,738 shares in total.
Inotiv Inc (NOTV) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 55.13% 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 0.91 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 0.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.19, a number that is poised to hit -0.77 in the next quarter and is forecasted to reach -1.27 in one year’s time.
Technical Analysis of Inotiv Inc (NOTV)
Inotiv Inc (NASDAQ: NOTV) saw its 5-day average volume 0.53 million, a negative change from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 46.43%. Additionally, its Average True Range was 0.48.
During the past 100 days, Inotiv Inc’s (NOTV) raw stochastic average was set at 62.12%, which indicates a significant decrease from 66.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.74% in the past 14 days, which was lower than the 126.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.34, while its 200-day Moving Average is $2.69. Nevertheless, the first resistance level for the watch stands at $4.75 in the near term. At $5.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.23. If the price goes on to break the first support level at $4.27, it is likely to go to the next support level at $4.06. The third support level lies at $3.79 if the price breaches the second support level.
Inotiv Inc (NASDAQ: NOTV) Key Stats
Market capitalization of the company is 151.56 million based on 26,015K outstanding shares. Right now, sales total 490,740 K and income totals -108,450 K. The company made 130,420 K in profit during its latest quarter, and -18,890 K in sales during its previous quarter.
