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 $4.02, up 2.29% from the previous day, and has increased 46.18% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.73 percentage points. Inotiv stock is currently +227.63% from its 52-week low of $1.23, and -64.79% from its 52-week high of $11.42.
As of Dec 5, 2024, there are 26.02M shares of NOTV outstanding. The market capitalization of NOTV is $104.58M. In the last 24 hours, 696,813 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.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new brokerage account.
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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 0.61x, relative to Diagnostics & Research industry P/B ratio of 4x
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 23637000. It does not have sufficient cash and short-term investments to cover this.
- NOTV profit margin has gone down from -18.4% to -22.1% 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 3.58.
- NOTV has $21.43M in cash and short term investments. This is not enough to cover its annual cash burn of $23.64M.
Do analysts think it's a good time to buy NOTV stock
Out of 1 Wall Street analysts who research NOTV, the consensus analyst rating on NOTV is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Inotiv stock forecast page.
NOTV Technicals
NOTV Growth Metrics
Last year, NOTV revenue was $490.74M. In the past five year, NOTV's revenue has increased by 62.27% per year. This was faster than the Diagnostics & Research industry average of 9.85%.
Learn more about NOTV's earnings and revenue performance here.
Who is buying/selling NOTV?
Over the last year, insiders 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 shares on Dec 14, 2023.
Get more info about who owns NOTV shares here.
Does NOTV stock generate passive income?
No, Inotiv doesn't provide an income stream by paying out dividends.
NOTV Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your NOTV trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, place a limit order.
Press the Open Trade button and eToro will place your order.
If you require more info about investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in NOTV
Now that you own some NOTV stock, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to get notified of important updates regarding your NOTV stock.
NOTV Feed
How to Buy Stock in Inotiv
To summarize, here are the 6 steps for buying Inotiv stock:
- 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 are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in Inotiv, hit the button below to create your watchlist.
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