Inotiv Inc (NASDAQ: NOTV) is -43.24% lower on its value in year-to-date trading and has touched a low of $1.23 and a high of $11.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NOTV stock was last observed hovering at around $2.27 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.35, the stock is -14.86% and -34.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 3.52% at the moment leaves the stock -13.15% off its SMA200. NOTV registered -78.71% loss for a year compared to 6-month gain of 53.59%. The firm has a 50-day simple moving average (SMA 50) of $3.5746 and a 200-day simple moving average (SMA200) of $2.7062.
The stock witnessed a -38.48% loss in the last 1 month and extending the period to 3 months gives it a -40.36%, and is -16.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.62% over the week and 13.73% over the month.
Inotiv Inc (NOTV) has around 2075 employees, a market worth around $79.59M and $475.11M in sales. Profit margin for the company is -25.40%. Distance from 52-week low is 91.52% and -79.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.97%).
The EPS is expected to grow by 54.81% this year
88.0 institutions hold shares in Inotiv Inc (NOTV), with institutional investors hold 30.26% of the company’s shares. The shares outstanding are 33.72M, and float is at 29.17M with Short Float at 6.40%. Institutions hold 26.64% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 1.05 million shares valued at $1.75 million. The investor’s holdings represent 4.075 of the NOTV Shares outstanding. As of 2024-06-30, the second largest holder is AMERICAN CENTURY COMPANIES INC with 0.3 million shares valued at $0.49 million to account for 1.1372 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 0.27 million shares representing 1.0379 and valued at over $0.45 million, while KPP ADVISORY SERVICES LLC holds 0.9162 of the shares totaling 0.24 million with a market value of $0.4 million.
Inotiv Inc (NOTV) Insider Activity
The most recent transaction is an insider sale by Freeman Jeffrey Brennan, the company’s VP-Finance & Corp. Controller. SEC filings show that Freeman Jeffrey Brennan sold 1,339 shares of the company’s common stock on Feb 18 ’25 at a price of $4.04 per share for a total of $5416.0. Following the sale, the insider now owns 27478.0 shares.
Inotiv Inc disclosed in a document filed with the SEC on Feb 18 ’25 that Taylor Beth (Chief Financial Officer) sold a total of 4,370 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $4.01 per share for $17507.0. Following the transaction, the insider now directly holds 0.11 million shares of the NOTV stock.
Still, SEC filings show that on Feb 18 ’25, Sagartz John E (Chief Strategy Officer) disposed off 2,113 shares at an average price of $3.94 for $8316.0. The insider now directly holds 707,816 shares of Inotiv Inc (NOTV).
