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Inotiv Inc (NOTV) rating downgrades by Jefferies

Inotiv Inc’s filing revealed that its VP-Finance & Corp. Controller Freeman Jeffrey Brennan unloaded Company’s shares for reported $5416.0 on Feb 18 ’25. In the deal valued at $4.04 per share,1,339 shares were sold. As a result of this transaction, Freeman Jeffrey Brennan now holds 27,478 shares worth roughly $0.11 million.

Then, Taylor Beth sold 4,370 shares, generating $17,507 in total proceeds. Upon selling the shares at $4.01, the Chief Financial Officer now owns 108,368 shares.

Before that, Sagartz John E sold 2,113 shares. Inotiv Inc shares valued at $8,316 were divested by the Chief Strategy Officer at a price of $3.94 per share. As a result of the transaction, Sagartz John E now holds 707,816 shares, worth roughly $2.87 million.

Jefferies downgraded its Inotiv Inc [NOTV] rating to a Hold from a a Buy in a research note published on May 14, 2024; the price target was decreased to $3.75 from $11.50. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early February from “a Hold” to “a Buy”. Wells Fargo began covering NOTV with “an Overweight” recommendation on July 20, 2023. Jefferies revised its rating on January 19, 2023. It rated NOTV as “a Hold” which previously was an “a Buy”.

Price Performance Review of NOTV

On Friday, Inotiv Inc [NASDAQ:NOTV] saw its stock fall -4.47% to $4.06. Over the last five days, the stock has gained 8.56%. Inotiv Inc shares have fallen nearly -1.93% since the year began. Nevertheless, the stocks have fallen -36.26% over the past one year. While a 52-week high of $11.42 was reached on 01/06/25, a 52-week low of $1.23 was recorded on 02/07/25. SMA at 50 days reached $4.39, while 200 days put it at $2.66.

Levels Of Support And Resistance For NOTV Stock

The 24-hour chart illustrates a support level at 3.84, which if violated will result in even more drops to 3.62. On the upside, there is a resistance level at 4.34. A further resistance level may holdings at 4.62. The Relative Strength Index (RSI) on the 14-day chart is 49.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.92%. Stochastics %K at 43.85% indicates the stock is a holding.

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