Novation Companies Inc (OTCMKTS:NOVC)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.03 and traded as high as $0.03. Novation Companies shares last traded at $0.03, with a volume of 53,833 shares.

The company has a market capitalization of $3.37 million, a price-to-earnings ratio of 0.75 and a beta of 0.74. The stock has a 50 day moving average of $0.03 and a 200 day moving average of $0.04.

Novation Companies (OTCMKTS:NOVC) last issued its earnings results on Monday, August 12th. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $16.30 million during the quarter. Novation Companies had a negative return on equity of 6.15% and a net margin of 2.35%.

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.

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