NOVT
Novanta Inc. Technology - Precision Equipment Investor Relations →
Novanta Inc. (NOVT) closed at $113.85 as of 2026-03-20, trading 22.1% below its 200-week moving average of $146.21. This places NOVT in the extreme value zone. The stock is currently moving closer to the line, down from -20.2% last week. The 14-week RSI sits at 47, indicating neutral momentum.
Trading volume is running at 1.3x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.96 ratio) is neutral — neither side is clearly dominating.
Over the past 1360 weeks of data, NOVT has crossed below its 200-week moving average 15 times. On average, these episodes lasted 36 weeks. Historically, investors who bought NOVT at the start of these episodes saw an average one-year return of +4.3%.
With a market cap of $4.1 billion, NOVT is a mid-cap stock. The company generates a free cash flow yield of 1.6%. Return on equity stands at 5.2%. The stock trades at 3.1x book value.
Over the past 26.2 years, a hypothetical investment of $100 in NOVT would have grown to $148, compared to $751 for the S&P 500. NOVT has returned 1.5% annualized vs 8.0% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NOVT vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NOVT Crosses Below the Line?
Across 15 historical episodes, buying NOVT when it crossed below its 200-week moving average produced an average return of +3.4% after 12 months (median +4.0%), compared to +9.5% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was -4.3% vs +18.6% for the index.
Each line shows $100 invested at the moment NOVT crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NOVT has crossed below its 200-week MA 15 times with an average 1-year return of +4.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2000 | Oct 2003 | 159 | 61.7% | -46.4% | +181.1% |
| Nov 2003 | Dec 2003 | 6 | 5.5% | -11.7% | +257.3% |
| Oct 2004 | Nov 2004 | 1 | 1.2% | -4.4% | +324.0% |
| Feb 2005 | Jun 2005 | 17 | 15.4% | +48.4% | +333.2% |
| Oct 2005 | Nov 2005 | 5 | 7.1% | +8.7% | +312.5% |
| Jun 2006 | Jul 2007 | 60 | 16.5% | +12.1% | +307.2% |
| Aug 2007 | Sep 2007 | 6 | 11.0% | -41.6% | +306.3% |
| Oct 2007 | Feb 2011 | 172 | 94.1% | -81.6% | +267.4% |
| Mar 2011 | May 2011 | 10 | 14.0% | -1.3% | +873.1% |
| Aug 2011 | Oct 2011 | 12 | 20.1% | +5.3% | +1043.1% |
| Nov 2012 | Dec 2012 | 3 | 5.1% | +48.5% | +1463.9% |
| May 2013 | Jul 2013 | 9 | 6.3% | +52.3% | +1293.5% |
| Jul 2013 | Sep 2013 | 8 | 4.8% | +38.0% | +1231.6% |
| Oct 2023 | Nov 2023 | 3 | 8.3% | +33.5% | -12.2% |
| Dec 2024 | Ongoing | 64+ | 32.5% | Ongoing | -25.1% |
| Average | 36 | — | +4.3% | — |
Frequently Asked Questions
Is NOVT below its 200-week moving average?
Yes. As of 2026-03-20, Novanta Inc. (NOVT) is trading 22.1% below its 200-week moving average of $146.21. The current price is $113.85.
What is NOVT's 200-week moving average price?
Novanta Inc.'s 200-week moving average is $146.21 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NOVT drops below its 200-week moving average?
NOVT has crossed below its 200-week moving average 15 times in our data. On average, buying at that moment produced a one-year return of +4.3%. These dips have historically been decent entry points. These episodes lasted 36 weeks on average.
Is NOVT a good value right now?
Here's what our data says about NOVT as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 47. Free cash flow yield is 1.6%. Return on equity is 5.2%. Price-to-book is 3.1x. This is not a buy or sell recommendation — always do your own research.
How does NOVT compare to the S&P 500?
Over the past 26.2 years, $100 invested in NOVT would have grown to $148, compared to $751 for the S&P 500. That's 1.5% annualized vs 8.0% for the index. NOVT has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20