Novation Companies (OTCMKTS:NOVC) Stock Crosses Above 50 Day Moving Average of $0.05
Shares of Novation Companies Inc (OTCMKTS:NOVC) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.05 and traded as high as $0.05. Novation Companies shares last traded at $0.05, with a volume of 625 shares traded.
The stock’s 50-day moving average price is $0.05 and its 200 day moving average price is $0.04. The firm has a market cap of $6.19 million, a P/E ratio of -1.80 and a beta of 0.99.
Novation Companies (OTCMKTS:NOVC) last announced its quarterly earnings data on Wednesday, November 13th. The financial services provider reported ($0.01) EPS for the quarter. The business had revenue of $15.67 million during the quarter. Novation Companies had a negative return on equity of 3.53% and a negative net margin of 3.11%.
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.
Featured Article: Quantitative Easing
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.