In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Inotiv Inc (NASDAQ: NOTV) closed at $3.00 in the last session, up 1.35% from day before closing price of $2.96. In other words, the price has increased by $1.35 from its previous closing price. On the day, 1.38 million shares were traded.
Ratios:
We take a closer look at NOTV’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.65.
Stock Price History:
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 38.77%, while the 200-Day Moving Average is calculated to be 7.65%.
Shares Statistics:
A total of 34.35M shares are outstanding, with a floating share count of 29.59M. Insiders hold about 13.87% of the company’s shares, while institutions hold 23.50% stake in the company.
