Alert: Major Price Decline (4/4/24)-Inotiv Inc (NASDAQ: NOTV).


On 4/4/24, Inotiv Inc (NASDAQ: NOTV) stock suffered a major decline of -24.0%, closing at $7.19. Moreover, trading volume in this decline was exceptionally high at 289% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -28.4% during the last week.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, NOTV is expected to be a modest Value Builder.

Inotiv has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Inotiv has a very high Power Rating of 86 and a very high Appreciation Score of 91, leading to the Highest Value Trend Rating.

Rating Review

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

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