Here is what you should know about Novan Inc(NOVN)

photo of female scientist working on laboratory

Market Data

Novan Inc(NOVN) is a stock of interest due to the large impact the company has on the market. 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 movement so you can make the best decision as an investor. The stock has moved downwards today by 1%. The high for today is 1.35 and today’s low is 1.28. This information is critical in deciding whether this investment is risky or not. We can see the stock is trending downwards, which means the volume of people selling this stock is greater than people buying it.

Company Description

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.

Stock Forecast

As an investor, you can get an idea of where the stock is trending by the forecast. In this case, the high forecast for Novan Inc is $4.50 and the low forecast is $3.00. Overall, Novan Inc is in great shape going forward. They have a strong market cap of $200.18M and a very bright future ahead of them.

One thought on “Here is what you should know about Novan Inc(NOVN)

  1. Great information, and mirrors how we feel about Novan. The current steady price deflation on relatively low volume may indicate some set price manipulations. Many are baffled searching for rationales.

Leave a Reply

%d bloggers like this: