logo

[breadcrumb_custom]

The Significance of Moving Averages in Inotiv Inc Inc. (NOTV) Price Performance

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 173.57%.However, over the last six months, we can see a weaker performance of 219.75%. Over the last 30 days, the price of NOTV has fallen by 56.39%. And in the last five days, it has surged by 11.06%.

Inotiv Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $11.26 on 03/26/24, and the lowest price during the same period was recorded at $1.61 on 11/13/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of NOTV Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Inotiv Inc’s current trading price is -10.83% away from its 52-week high, while its distance from the 52-week low is 523.60%. The stock’s price range over this timeframe has been between $1.61 and $11.26. The shares of the Healthcare sector company recorded a trading volume of approximately 0.6 million for the day, which was comparatively higher than the average daily volume of 0.37 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Inotiv Inc (NOTV) has experienced a quarterly rise of 194.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 258.93M and boasts a workforce of 1955 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.52, with a change in price of +8.13. Similarly, Inotiv Inc recorded 332,753 in trading volume during the last 100 days, posting a change of +425.65%.

NOTV’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for NOTV stands at 1.69. Similarly, the long-term debt-to-equity ratio is also 1.61.

NOTV Stock Stochastic Average

Inotiv Inc’s raw stochastic average for the past 50 days is currently at 83.29%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 73.04%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 86.24% and 92.40%, respectively.

On Key

Related Posts