Novation Companies (OTCMKTS:NOVC) Stock Price Breaks Below 200-Day Moving Average of $0.03

Novation Companies, Inc. (OTCMKTS: NOVCGet a rating) shares fell below its 200-day moving average during Friday’s session. The stock has a two hundred day moving average of $0.03 and is trading as low as $0.01. Novation Companies shares last traded at $0.02, with a volume of 96,409 shares traded in hands.

The company has a market capitalization of $2.14 million, a PE ratio of -0.47 and a beta of 0.95. The company has a 50-day simple moving average of $0.02 and a 200-day simple moving average of $0.03.

Company Profile Novation Companies (OTCMKTS: NOVC)

Novation Companies, Inc, through its subsidiary, Healthcare Staffing, Inc, provides outsourced healthcare staffing and related services in Georgia. It also offers its services to hospitals, schools, crisis units, clinics, medical practices, prisons and various private companies. The company was previously known as NovaStar Financial, Inc and changed its name to Novation Companies, Inc in May 2012.

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