Where Will Inotiv Inc (NOTV) Stock Go Next After It Has Fallen 40.74% in a Week?

Inotiv Inc (NOTV) stock has fallen 40.74% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Inotiv Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on NOTV!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With NOTV Stock Today?

Inotiv Inc (NOTV) stock is trading at $4.03 as of 10:33 AM on Tuesday, Aug 15, a loss of -$0.05, or -1.23% from the previous closing price of $4.08. The stock has traded between $3.78 and $4.10 so far today. Volume today is less active than usual. So far 288,540 shares have traded compared to average volume of 492,621 shares. To see InvestorsObserver's Sentiment Score for Inotiv Inc click here.

More About Inotiv Inc

Inotiv Inc is a pharmaceutical development company specializing in nonclinical and analytical 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. It operates in two principal segments - Research services and Research products. Click Here to get the full Stock Report for Inotiv Inc stock.