Shares of NovaBay Pharmaceuticals, Inc. (NYSEAMERICAN:NBY) gapped up before the market opened on Tuesday . The stock had previously closed at $0.51, but opened at $0.62. NovaBay Pharmaceuticals shares last traded at $0.62, with a volume of 14,184 shares traded.
A number of equities research analysts have recently issued reports on the company. LADENBURG THALM/SH SH initiated coverage on NovaBay Pharmaceuticals in a report on Wednesday, September 18th. They set a “buy” rating and a $1.10 price objective for the company. Zacks Investment Research upgraded NovaBay Pharmaceuticals from a “hold” rating to a “buy” rating and set a $0.75 target price on the stock in a research note on Wednesday, November 20th.
The firm has a 50-day simple moving average of $0.68 and a two-hundred day simple moving average of $1.02.
NovaBay Pharmaceuticals Company Profile (NYSEAMERICAN:NBY)
NovaBay Pharmaceuticals, Inc, a biopharmaceutical company, develops, manufactures, and markets non-antibiotic and anti-infective products for the eye care market in the United States, China, and internationally. It offers Avenova, a prescription product for cleansing and removing foreign materials, including microorganisms and debris from skin around the eye; NeutroPhase for wound care market; CelleRx for the aesthetic dermatology market; Aganocide compounds patented synthetic molecules for use against bacteria, viruses, and fungi; auriclosene irrigation solution for urology; and intelli-Case, a device for soft and rigid gas permeable contact lenses.
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