Alert: Major Price Decline (12/18/24)-Inotiv Inc (NASDAQ: NOTV).

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On 12/18/24, Inotiv Inc (NASDAQ: NOTV) stock suffered a major decline of -28.8%, closing at $3.95. Moreover, this decline was accompanied by exceptionally high trading volume at 747% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -18.4% during the last week.

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Current PriceTarget Research Rating

Inotiv has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Inotiv has a good Appreciation Score of 75 but a very low Power Rating of 0, triggering the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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