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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 $4.70, down 13.28% from the previous day, and has decreased 13.12% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.03 percentage points. Inotiv stock is currently +191.93% from its 52-week low of $1.61, and -58.83% from its 52-week high of $11.42.

There are currently 25.79M NOTV shares outstanding. The market cap of NOTV is $121.22M. In the last 24 hours, 635,912 NOTV shares were traded.

How to Buy Inotiv Stock

Wondering how to invest in Inotiv stock? Here's how.
  1. Figure out where to buy Inotiv stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Inotiv stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your method of payment and add your info.
  4. 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 tools can help you evaluate if NOTV is a good stock to buy).
  5. 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 given price.
  6. Keep an eye on your investment in NOTV: Create a watchlist to keep tabs on your new investment in Inotiv stock.

Step 1: Figure out where to buy Inotiv stock

You need an online brokerage account in order to access the NASDAQ market and buy NOTV stock.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to buy NOTV today.

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Step 3: Put funds into your investment account

Now that you've finished signing up on the best app for stock investing, you can securely and quickly fund your account:

Check out the video below if you need help transferring funds into your investment account.

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Step 4: Research Inotiv stock

Once you have decided on the best place to buy Inotiv stock, it's absolutely critical to evaluate their stock prior to buying, so you truly understand the risk and upside.

Inotiv shares quick numbers

NOTV Price
$4.70
1w %
-28.68%
1y %
-13.12%
5y %
131.53%
P/E
-3.62x
P/B
0.48x
P/S
0.21x
PEG
N/A
Revenue
$585.17M
Earnings
-$33.21M
Fore. Rev. Growth
-1.09%
Fore. Earn. Growth
N/A
Market Cap
$121.22M
Next Earnings
May 9, 2024
Next Dividend
N/A

Fundamentals of NOTV

WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on NOTV's stock page.

Is NOTV stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge NOTV's true value.

Using relative valuations ratios:

  • NOTV may be undervalued based on its P/B ratio of 0.48x, relative to Diagnostics & Research industry P/B ratio of 4.01x

You can do additional valuation analysis on NOTV's stock here.

NOTV Financial Health Summary

Passed Health Checks:

  • NOTV profit margin has gone up from -58.2% to -5.7% in the past year.
  • 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 a relatively high debt to equity ratio of 2.29.
  • NOTV earnings of $3.87M is not sufficient to cover its interest payments.
  • NOTV's operating cash flow of $28.75M allows it to safely service it's debt of $428.52M.
  • Total NOTV debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy NOTV stock, according to Wall Street analysts?

Out of 2 sell side analysts who monitor NOTV, the consensus analyst rating on NOTV is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Inotiv stock forecast page.

NOTV Technical Indicators

SMA10
6.29
SMA20
8.11
SMA50
7.43
SMA100
5.41
SMA200
4.53
MACD
-0.76
MACD Signal
-0.27
MACD Histogram
-0.5
RSI
27.3
Stochastic %K
2.32
Stochastic %D
2.74
StochRSI %K
0
StochRSI %D
0

Is NOTV Making Money?

Last year, NOTV revenue was $585.17M. During the past 5 year, NOTV's revenue has increased by 81.64% per year. This was faster than the Diagnostics & Research industry average of 12.99%.

You can research NOTV's earnings and revenue performance here.

Who is buying/selling NOTV?

Over the last year, executives and large shareholders at NOTV have bought more shares than they have sold.

John Gregory Beattie, Chief Operating Officer of NOTV, was the latest NOTV insider to buy. They bought $149,845.78 worth of NOTV stock on Dec 14, 2023.

Dig into more about who owns NOTV shares here.

Can I rely on NOTV as an income stream?

No, Inotiv doesn't provide an income stream by paying out dividends.

What do other traders have to say about NOTV?

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your NOTV trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.

Press the Open button and your broker will place the order.

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Step 6: Keep an eye on your investment in NOTV

Now that you own some NOTV stock, you'll want to keep up with your new investment.

Make a watchlist to keep tabs on your NOTV stock.

NOTV Feed

How to Buy Stock in Inotiv

To summarize, here are the 6 steps to buy stock in Inotiv:

  1. Figure out where to buy Inotiv stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Inotiv stock
  5. Make your NOTV trade
  6. Keep an eye on your investment in NOTV

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Inotiv, get started below.

NASDAQ: NOTV
$4.70-0.72 (-13.28%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: NOTV
$4.70-0.72 (-13.28%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Inotiv share?

As of Apr 18, 2024, it costs $4.70 to buy one share of Inotiv stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.426 shares of NOTV.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Inotiv stock?

According to 2 Wall Street analysts who monitor Inotiv, their consensus recommendation is to buy Inotiv stock.

What is the best way to buy Inotiv stock?

One way to place an order for Inotiv stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.