The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant gain of 21.50% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 201.20%. Over the past 30 days, the price of NOTV has fallen by 20.05%. And in the last five days, it has surged by 3.60%.
Inotiv Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $11.42 on 03/26/24 and a low of $1.23 for the same time frame on 09/11/24.
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 -55.94% away from its 52-week high, while its distance from the 52-week low is 309.94%. The stock’s price range during this period has varied between$1.23 and $11.42. The Inotiv Inc’s shares, which operate in the Healthcare, saw a trading volume of around 1.0 million for the day, a figure considerably higher than their average daily volume of 0.75 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Inotiv Inc (NOTV) has experienced a quarterly rise of 155.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 193.32M and boasts a workforce of 2075 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 2.55, with a change in price of +3.46. Similarly, Inotiv Inc recorded 546,208 in trading volume during the last 100 days, posting a change of +220.38%.
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 2.61. Similarly, the long-term debt-to-equity ratio is also 2.52.
NOTV Stock Stochastic Average
Inotiv Inc’s raw stochastic average for the past 50 days is presently 70.04%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 52.46%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 33.55% and 27.18%, respectively.
