Is There a Dimmer Outlook Ahead for Novan Inc. (NOVN)?

Novan Inc. (NASDAQ:NOVN) went up by 8.42% from its latest closing price compared to the recent 1-year high of $2.59. The company’s stock price has collected -4.19% of loss in the last five trading sessions. Press Release reported on 02/18/21 that Thinking about buying stock in Ampio Pharmaceuticals, Motus GI, Phio Pharmaceuticals, Novan, or Oncolytics Biotech?

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Is It Worth Investing in Novan Inc. (NASDAQ :NOVN) Right Now?

Plus, the 36-month beta value for NOVN is at 0.16. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Novan Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $3.00. NOVN currently public float of 130.56M and currently shorts hold a 4.47% ratio of that float. Today, the average trading volume of NOVN was 21.99M shares.

NOVN’s Market Performance

NOVN stocks went down by -4.19% for the week, with a monthly jump of 57.25% and a quarterly performance of 328.19%, while its annual performance rate touched 303.37%. The volatility ratio for the week stands at 16.58% while the volatility levels for the past 30 days are set at 15.17% for Novan Inc.. The simple moving average for the period of the last 20 days is 29.15% for NOVN stocks with a simple moving average of 207.65% for the last 200 days.

NOVN Trading at 80.82% from the 50-Day Moving Average

After a stumble in the market that brought NOVN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.46% of loss for the given period.

Volatility was left at 15.17%, however, over the last 30 days, the volatility rate increased by 16.58%, as shares surge +51.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +235.61% upper at present.

During the last 5 trading sessions, NOVN fell by -4.19%, which changed the moving average for the period of 200-days by +488.40% in comparison to the 20-day moving average, which settled at $1.63. In addition, Novan Inc. saw 153.38% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for NOVN

Current profitability levels for the company are sitting at:

  • -608.86 for the present operating margin

The net margin for Novan Inc. stands at -625.84. Equity return is now at value 276.20, with -49.90 for asset returns.

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When we switch over and look at the enterprise to sales, we see a ratio of 15.42, with the company’s debt to enterprise value settled at 0.08. The receivables turnover for the company is 23.37 and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.

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