Inotiv Inc (NASDAQ: NOTV) has reported a loss for its fourth fiscal quarter (ending September 30) of $-0.73 versus a loss $-0.38 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $-4.19 compared to $-4.10 a year ago.
Recent Price Action
Inotiv Inc (NASDAQ: NOTV) stock enjoyed a very large increase of 7.4% on 12/3/24. The shares closed at $4.19. Moreover, this advance was accompanied by exceptionally high trading volume at 433% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 16.7% during the last week.
Current PriceTarget Research Rating
Inotiv has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Inotiv has a very high Appreciation Score of 97 but a very low Power Rating of 4, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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