Inotiv Inc (NASDAQ: NOTV) stock suffered a major decline of -13.3% on 4/18/24. The shares closed at $4.70. Moreover, above average trading volume at 124% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -34.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed 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 95 and a very high Appreciation Score of 97, and the Highest Value Trend Rating results.
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.
Be the first to comment