Novogen Limited (NVGN) Downgraded by ValuEngine

Novogen Limited (NASDAQ:NVGN) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Tuesday, August 1st.

Separately, Zacks Investment Research downgraded Novogen Limited from a “buy” rating to a “hold” rating in a research report on Wednesday, May 3rd.

Shares of Novogen Limited (NASDAQ NVGN) remained flat at $3.28 during mid-day trading on Tuesday. The stock had a trading volume of 27 shares. The stock’s 50 day moving average price is $2.59 and its 200-day moving average price is $1.55. Novogen Limited has a 52-week low of $0.70 and a 52-week high of $3.82. The stock’s market cap is $15.85 million.

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About Novogen Limited

Novogen Limited (Novogen) is an oncology biotechnology company, which is focused on developing cancer treatments. The Company is primarily engaged in pharmaceutical research and development. Novogen has two drug technology platforms (the Superbenzopyran (SBP) technology and Anti-tropomyosin (ATM)) yielding various drug candidates across a range of oncology indications.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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