Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Inotiv Inc’s current trading price is -63.04% away from its 52-week high, while its distance from the 52-week low is 243.93%. The stock’s price range over this period has fluctuated between $1.23 and $11.42. The company, operating within the financial sector, had a trading volume of approximately 0.92 million for the day, which was noticeably higher than the average daily share volume of 0.73 million over the last 3 months.
Inotiv Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $11.42 on 03/26/24 and the lowest value was $1.23 on 09/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Inotiv Inc (NOTV) has experienced a quarterly rise of 148.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 132.04M and boasts a workforce of 2075 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.46, with a change in price of +2.63. Similarly, Inotiv Inc recorded 530,820 in trading volume during the last 100 days, posting a change of +165.41%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NOTV stands at 2.61. Similarly, the long-term debt-to-equity ratio is also 2.52.
NOTV Stock Stochastic Average
Today’s raw stochastic average for Inotiv Inc over the last 50 days is 53.31%.This indicates a increase from the raw stochastic average of the past 20 days, which was 25.90%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 39.72% and 42.99%, respectively.
NOTV Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 14.99% this year. Over the last six months, there has been a weaker performance of 165.41%. The price of NOTV fallen by 19.21% during the last 30 days period. For the last 5-days stocks have improved 3.43%.
