Novation Companies (OTCMKTS:NOVC) Stock Price Passes Below Two Hundred Day Moving Average of $0.00

Novation Companies Inc (OTCMKTS:NOVC)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $0.04. Novation Companies shares last traded at $0.04, with a volume of 46,000 shares trading hands.

The company has a market cap of $4.05 million, a price-to-earnings ratio of 0.74 and a beta of 1.36. The firm’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.04.

About Novation Companies (OTCMKTS:NOVC)

Novation Companies, Inc, through its subsidiary, Healthcare Staffing, Inc, provides outsourced health care staffing and related services primarily to Community Service Boards in Georgia. It also owns a portfolio of mortgage securities. The company was formerly known as NovaStar Financial, Inc and changed its name to Novation Companies, Inc in May 2012.

Read More: How does quantitative easing work?

Receive News & Ratings for Novation Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Novation Companies and related companies with MarketBeat.com's FREE daily email newsletter.