Stock Rating Upgrade
The Value Trend Rating for Inotiv Inc (NASDAQ: NOTV) improved in the last week from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 12/20/24, Inotiv Inc (NASDAQ: NOTV) stock enjoyed a very large increase of 6.3%, closing at $4.08. Moreover, trading volume in this advance was unusually high at 150% of normal. The stock has been weak relative to the market over the last nine months and has declined -13.6% during the last week.
Current PriceTarget Research Rating
Inotiv has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Inotiv has a very high Appreciation Score of 87 but a very low Power Rating of 3, producing the Low Neutral Value Trend Rating.
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