In last trading session, Inotiv Inc (NASDAQ:NOTV) saw 0.71 million shares changing hands with its beta currently measuring 3.98. Company’s recent per share price level of $2.26 trading at $0.23 or 11.33% at ring of the bell on the day assigns it a market valuation of $77.64M. That closing price of NOTV’s stock is at a discount of -186.73% from its 52-week high price of $6.48 and is indicating a premium of 49.12% from its 52-week low price of $1.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.45 million shares which gives us an average trading volume of 739.74K if we extend that period to 3-months.
For Inotiv Inc (NOTV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 15 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Inotiv Inc (NASDAQ:NOTV) trade information
Upright in the green during last session for gaining 11.33%, in the last five days NOTV remained trading in the green while hitting it’s week-highest on Friday, 05/16/25 when the stock touched $2.26 price level, adding 3.42% to its value on the day. Inotiv Inc’s shares saw a change of -45.41% in year-to-date performance and have moved 15.31% in past 5-day. Inotiv Inc (NASDAQ:NOTV) showed a performance of 36.97% in past 30-days. Number of shares sold short was 2.53 million shares which calculate 2.38 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 62.33% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -165.49% in reaching the projected high whereas dropping to the targeted low would mean a loss of -165.49% for stock’s current value.
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 -122.90% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 57.18% while estimates for its earnings growth in next 5 years are of 66.65%.
Inotiv Inc (NASDAQ:NOTV)’s Major holders
Insiders are in possession of 11.32% of company’s total shares while institution are holding 23.98 percent of that, with stock having share float percentage of 27.04%. Investors also watch the number of corporate investors in a company very closely, which is 23.98% institutions for Inotiv Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at NOTV for having 1.05 million shares of worth $1.75 million. And as of 2024-06-30, it was holding 4.0496 of the company’s outstanding shares.
The second largest institutional holder is AMERICAN CENTURY COMPANIES INC, which was holding about 0.3 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.1372 of outstanding shares, having a total worth of $0.49 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and CALAMOS INVESTMENT TRUST/IL-Calamos Timpani Small Cap Growth Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 721.97 shares of worth $1.63 million or 2.10% of the total outstanding shares. The later fund manager was in possession of 331.97 shares on Jan 31, 2025 , making its stake of worth around $0.75 million in the company or a holder of 0.97% of company’s stock.
