News articles about Novan (NASDAQ:NOVN) have trended somewhat negative recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Novan earned a media sentiment score of -0.08 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 42.8094391726088 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

Novan (NASDAQ:NOVN) traded down $0.03 during mid-day trading on Friday, hitting $4.84. The stock had a trading volume of 53,338 shares, compared to its average volume of 45,091. Novan has a one year low of $3.52 and a one year high of $29.37.

A number of research analysts have recently weighed in on the company. ValuEngine raised Novan from a “strong sell” rating to a “sell” rating in a research note on Friday, September 15th. Wedbush reissued a “neutral” rating and issued a $6.00 price target on shares of Novan in a research note on Monday, September 25th. Finally, Zacks Investment Research raised Novan from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th.

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Novan Company Profile

Novan, Inc is a late-stage pharmaceutical company. The Company is engaged in the development and commercialization of therapies using its nitric oxide platform. The Company develops product candidates using its Nitricil technology, which enables the Company to engineer tunable new chemical entities (NCEs).

Insider Buying and Selling by Quarter for Novan (NASDAQ:NOVN)

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