Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 79.56%. However, over the last six months, the performance has been weaker by 165.73%. The price of NOTV decreased -21.45% over the last 30 days. And in the last five days, it has fallen by -8.34%.
Inotiv Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $11.42 on 03/26/24, while the lowest price for the same period was registered at $1.61 on 11/13/23.
52-week price history of NOTV Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Inotiv Inc’s current trading price is -42.28% away from its 52-week high, while its distance from the 52-week low is 309.32%. The stock’s price range during this period has varied between$1.61 and $11.42. The Inotiv Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.92 million for the day, a figure considerably higher than their average daily volume of 0.42 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Inotiv Inc (NOTV) has experienced a quarterly rise of 66.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 169.96M and boasts a workforce of 1955 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.25, with a change in price of +4.41. Similarly, Inotiv Inc recorded 366,595 in trading volume during the last 100 days, posting a change of +202.29%.
NOTV’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ 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
As of today, Inotiv Inc’s raw stochastic average for the last 50 days stands at 41.40%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 10.06%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 7.20% and 8.16%, respectively.
