Does Inotiv Inc (NASDAQ:NOTV) Look Expensive At $4.27? Here’s How To Know.

In last trading session, Inotiv Inc (NASDAQ:NOTV) saw 0.42 million shares changing hands with its beta currently measuring 3.46. Company’s recent per share price level of $4.27 trading at $0.11 or 2.64% at ring of the bell on the day assigns it a market valuation of $110.12M. That closing price of NOTV’s stock is at a discount of -167.45% from its 52-week high price of $11.42 and is indicating a premium of 62.3% from its 52-week low price of $1.61. Taking a look at company’s average trading volume volume of 504.40K if we extend that period to 3-months.

Inotiv Inc (NASDAQ:NOTV) trade information

Upright in the green during last session for gaining 2.64%, in the last five days NOTV remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $4.27 price level, adding 7.78% to its value on the day. Inotiv Inc’s shares saw a change of 16.35% in year-to-date performance and have moved 5.43% in past 5-day. Inotiv Inc (NASDAQ:NOTV) showed a performance of -40.61% in past 30-days.

Inotiv Inc (NOTV) estimates and forecasts

Statistics highlight that Inotiv Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 129.57% of value to its shares in past 6 months, showing an annual growth rate of 157.14% while that of industry is 11.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.50% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 135.68M for the same. And 3 analysts are in estimates of company making revenue of 151.32M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -184.24% during past 5 years.

NOTV Dividends

Inotiv Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.