Inotiv Inc Stock Price on September 30, 2023
| NOTV Stock | USD 3.41 0.20 6.23% |
Below is the normalized historical share price chart for Inotiv Inc extending back to November 25, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Inotiv stands at 3.41, as last reported on the 22nd of November, with the highest price reaching 3.65 and the lowest price hitting 3.19 during the day.
If you're considering investing in Inotiv Stock, it is important to understand the factors that can impact its price. Inotiv is dangerous given 3 months investment horizon. Inotiv Inc holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.46% are justified by taking the suggested risk. Use Inotiv Inc Downside Deviation of 4.32, market risk adjusted performance of 0.2865, and Risk Adjusted Performance of 0.1628 to evaluate company specific risk that cannot be diversified away.
At this time, Inotiv's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 31 M in 2024, whereas Sale Purchase Of Stock is likely to drop slightly above 128.9 K in 2024. . At this time, Inotiv's Price To Operating Cash Flows Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to climb to 196.40 in 2024, whereas Price Earnings Ratio is likely to drop (0.91) in 2024. Inotiv Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of November 1997 | 200 Day MA 3.4527 | 50 Day MA 1.9838 | Beta 3.374 |
Inotiv |
Sharpe Ratio = 0.2149
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Estimated Market Risk
| 6.81 actual daily | 60 60% of assets are less volatile |
Expected Return
| 1.46 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Inotiv is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Inotiv by adding it to a well-diversified portfolio.
Price Book 0.4869 | Enterprise Value Ebitda 24.7703 | Price Sales 0.177 | Shares Float 23.2 M | Wall Street Target Price 5.3333 |
Inotiv Valuation on September 30, 2023
It is possible to determine the worth of Inotiv on a given historical date. On September 30, 2023 Inotiv was worth 3.14 at the beginning of the trading date compared to the closed value of 3.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inotiv stock. Still, in general, we apply an absolute valuation method to find Inotiv's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Inotiv where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inotiv's related companies.
| Open | High | Low | Close | Volume | |
| 3.06 | 3.15 | 3.01 | 3.10 | 64,177 | |
09/29/2023 | 3.14 | 3.18 | 3.08 | 3.08 | 68,363 |
| 3.08 | 3.11 | 2.91 | 2.98 | 159,126 |
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Inotiv Trading Date Momentum on September 30, 2023
| On October 02 2023 Inotiv Inc was traded for 2.98 at the closing time. The top price for the day was 3.11 and the lowest listed price was 2.91 . The trading volume for the day was 159.1 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.25% . The trading delta at closing time against the current closing price is 21.43% . |
Inotiv Inc Fundamentals Correlations and Trends
By evaluating Inotiv's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Inotiv's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inotiv financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Inotiv Stock history
Inotiv investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Inotiv is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inotiv Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Inotiv stock prices may prove useful in developing a viable investing in Inotiv
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 29.5 M | 31 M | |
| Net Loss | -303.3 M | -288.2 M |
Inotiv Stock Technical Analysis
Inotiv technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Inotiv Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Inotiv Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Inotiv November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Inotiv stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Inotiv shares will generate the highest return on investment. By undertsting and applying Inotiv stock market strength indicators, traders can identify Inotiv Inc entry and exit signals to maximize returns
Inotiv Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Inotiv's price direction in advance. Along with the technical and fundamental analysis of Inotiv Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inotiv to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1628 | |||
| Jensen Alpha | 0.8671 | |||
| Total Risk Alpha | 0.4726 | |||
| Sortino Ratio | 0.2902 | |||
| Treynor Ratio | 0.2765 |
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Additional Tools for Inotiv Stock Analysis
When running Inotiv's price analysis, check to measure Inotiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inotiv is operating at the current time. Most of Inotiv's value examination focuses on studying past and present price action to predict the probability of Inotiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inotiv's price. Additionally, you may evaluate how the addition of Inotiv to your portfolios can decrease your overall portfolio volatility.