Novan Inc(NOVN) is a stock of interest due to it’s movements. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about NOVN. We will be studying the movemnt so you can make the best descision as an investor.
First, we should get to know the company in discussion today. Here is a little about them: Novan, Inc. is a biotechnology company, which engages in leveraging nitric oxide’s natural antiviral and immunomodulatory mechanisms of action to treat dermatological and oncovirus-mediated diseases. Its products pipeline include SB204, SB206, SB208, and SB414. The company was founded by Mark Schoenfisch and Nathan Stasko in 2006 and is headquartered in Morrisville, NC.
The stock has moved upwards today by 4.50%. The high for today is 1.66 and today’s low is 1.55. This information is critical in deciding whether this investment is risky or safe. We can see since the stock is trending upwards which means that the volume of people selling this stock is greater than people who are buying it. Next we will be going over the forecast.
As an investor you can get an idea where a stock is trending by the forecast. In this case the high forecast for Novan Inc is 4.50 and the low forecast is 1.90. We can also get a look into the future by looking at past trends. Looking at Novan Inc’s 5 year movement it seems it has fallen 91%.
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