The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Inotiv Inc (NASDAQ: NOTV) closed at $1.7 down -7.61% from its previous closing price of $1.84. In other words, the price has decreased by -$7.61 from its previous closing price. On the day, 0.66 million shares were traded. NOTV stock price reached its highest trading level at $1.8691 during the session, while it also had its lowest trading level at $1.66.
Ratios:
For a deeper understanding of Inotiv Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 2.86 whereas as Long-Term Debt/Eq ratio is at 2.76.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on May 14, 2024, Downgraded its rating to Hold and sets its target price to $3.75 from $11.50 previously.
On February 09, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $3 to $11.50.
On July 20, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $9.Wells Fargo initiated its Overweight rating on July 20, 2023, with a $9 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 02 ’25 when Neff R Matthew sold 2,000 shares for $2.62 per share. The transaction valued at 5,246 led to the insider holds 153,102 shares of the business.
Neff R Matthew bought 6,000 shares of NOTV for $15,600 on Jun 02 ’25. On Apr 01 ’25, another insider, Coelho Mary Theresa, who serves as the Director of the company, sold 5,500 shares for $2.35 each. As a result, the insider received 12,916 and left with 74,303 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOTV now has a Market Capitalization of 58400100 and an Enterprise Value of 490695072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 1.021 whereas that against EBITDA is 17.839.
Stock Price History:
The Beta on a monthly basis for NOTV is 4.01, which has changed by 0.069182396 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, NOTV has reached a high of $6.48, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is -21.63%, while the 200-Day Moving Average is calculated to be -40.32%.
Shares Statistics:
For the past three months, NOTV has traded an average of 818.12K shares per day and 642350 over the past ten days. A total of 34.35M shares are outstanding, with a floating share count of 29.59M. Insiders hold about 13.86% of the company’s shares, while institutions hold 23.50% stake in the company. Shares short for NOTV as of 1749772800 were 2966215 with a Short Ratio of 3.63, compared to 1747267200 on 2367856. Therefore, it implies a Short% of Shares Outstanding of 2966215 and a Short% of Float of 9.21.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
