How to Buy Inotiv Stock
Inotiv Inc
Inotiv, Inc. provides drug discovery and development services to the pharmaceutical, chemical, and medical device industries; and sells analytical instruments to the pharmaceutical development and contract research industries.
Inotiv stock last closed at $4.45, down 4.3% from the previous day, and has decreased 80.74% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.66 percentage points. Inotiv stock is currently +22.09% from its 52-week low of $3.65, and -83.65% from its 52-week high of $27.22.
As of Mar 20, 2023, there are 25.63M shares of NOTV outstanding. The market capitalization of NOTV is $114.06M. In the last 24 hours, 586,877 NOTV shares were traded.
How to Buy Inotiv Stock
Not sure how to invest in Inotiv stock? Here's how.
- Figure out where to buy Inotiv stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Inotiv stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your information.
- Research Inotiv stock: The Inotiv ticker symbol is NOTV. Is Inotiv stock a good investment? Should you buy shares of NOTV? How do NOTV's underlying business fundamentals look? Do top analysts think Inotiv is a good buy? Why has NOTV's stock price moved recently? (Hint: Our stock market analysis website can help you understand if NOTV is a good stock to buy).
- Make your NOTV trade: Decide if you will purchase NOTV shares at the current market price or use a limit order to buy NOTV shares at a specific price.
- Keep an eye on your investment in NOTV: Create a watchlist to monitor your new investment in Inotiv stock.
Step 1: Figure out where to buy Inotiv stock
You will need an online brokerage account to access the NASDAQ market and buy NOTV stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you can buy NOTV stock today.
How to Create a New Account on eToro
- Click here to get started.
- Input your personal details to open your new brokerage account.
- Send your data by hitting the "Create Account" button.
Step 3: Put funds into your investment account
Now that you have finished signing up on the best stock app, you need to deposit funds:
Watch the video below if you need help transferring money into your brokerage account.
Step 4: Research Inotiv stock
After you have decided on the best place to buy Inotiv stock, it's absolutely critical to evaluate their stock before you buy, so you can understand the risk and upside.
Inotiv Numbers
NOTV Due Diligence Checks
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on NOTV's stock page.
What is the fair value of NOTV stock?
You can use many financial metrics, analyses, models, and charts to gauge NOTV's intrinsic value.
Using relative valuations measures:
- NOTV may be undervalued based on its P/B ratio of 0.41x, relative to Diagnostics & Research industry P/B ratio of 4.13x
You can access additional valuation analysis on NOTV's stock here.
NOTV Financials at a glance
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the NOTV balance sheet.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the NOTV balance sheet.
- NOTV has cash burn of 50281000. It does not have sufficient cash and short-term investments to cover this.
- NOTV profit margin has gone down from -46% to -58.2% in the past year.
- Total NOTV debt is higher than 5 years ago, relative to shareholder equity.
- NOTV has a relatively high debt to equity ratio of 2.11.
- NOTV has $20.82M in cash and short term investments. This is not enough to cover its annual cash burn of $50.28M.
Do analysts think it's a good time to buy NOTV stock
Out of 2 Wall Street analysts who research NOTV, the consensus analyst rating on NOTV is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent NOTV Analyst Ratings
David Windley, a top 4% analyst from Jefferies downgrades NOTV to a hold rating and lowers their NOTV price target from $10.00 to $8.00, on Jan 19, 2023.
Frank Takkinen, a bottom 1% analyst from Lake Street upgrades NOTV to a strong buy rating and raises their NOTV price target from $4.00 to $10.00, on Jan 11, 2023.
You can dig deeper into what analysts are saying on the Inotiv stock forecast page.
NOTV Technical Indicators
Is NOTV Growing Revenue?
Last year, NOTV revenue was $586.20M. During the last 5 year, NOTV's revenue has increased by 90.37% per year. This was faster than the Diagnostics & Research industry average of 16.31%.
You can research NOTV's earnings and revenue performance here.
Who is buying/selling NOTV?
Over the past year, insiders at NOTV have bought more shares than they have sold.
John E. Sagartz, Chief Strategy Officer of NOTV, was the latest NOTV insider to buy. They bought $25,041.00 worth of NOTV stock on Mar 14, 2023.
Dig into more about who owns NOTV stock here.
Can I get consistent income from NOTV stock?
No, Inotiv doesn't provide an income stream by paying out dividends.
What others are saying about NOTV
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your NOTV trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open button and your broker will execute your order.
If you require additional help investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in NOTV
Now that you own some shares in NOTV, you'll want to stay up-to-date on your new shares.
Put NOTV on a watchlist to monitor your NOTV stock.
NOTV Feed
How to Buy Stock in Inotiv
To summarize, here are the 6 steps to buy stock in Inotiv:
- Figure out where to buy Inotiv stock
- Create a brokerage account
- Put funds into your investment account
- Research Inotiv stock
- Make your NOTV trade
- Keep an eye on your investment in NOTV
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Inotiv, create a watchlist today.
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