Where Will Inotiv Inc (NOTV) Stock Go Next After It Has Fallen 5.31% in a Week?

Overall market sentiment has been down on Inotiv Inc (NOTV) stock lately. NOTV receives a Bearish rating from InvestorsObserver Stock 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?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 $1.96 as of 10:46 AM on Tuesday, Oct 31, an increase of $0.03, or 1.55% from the previous closing price of $1.93. The stock has traded between $1.93 and $2.00 so far today. Volume today is light. So far 5,032 shares have traded compared to average volume of 218,702 shares. To screen for more stocks like 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.