Novation Companies, Inc. (OTCMKTS:NOVC) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 100 shares, a decrease of 99.8% from the September 15th total of 45,100 shares. Based on an average daily volume of 269,100 shares, the short-interest ratio is presently 0.0 days.
Shares of NOVC remained flat at $$0.05 during mid-day trading on Thursday. The stock had a trading volume of 70,356 shares, compared to its average volume of 242,172. The stock has a market cap of $5.81 million, a PE ratio of -1.25 and a beta of 1.12. The business’s fifty day moving average price is $0.06 and its 200-day moving average price is $0.05. Novation Companies has a 52 week low of $0.02 and a 52 week high of $0.25.
Novation Companies (OTCMKTS:NOVC) last released its quarterly earnings results on Wednesday, August 11th. The financial services provider reported ($0.01) earnings per share for the quarter. The company had revenue of $13.06 million during the quarter.
Novation Cos., Inc through its subsidiary, engages in the provision of outsourced health care staffing and related services. Its services are performed by medical staff on-site at the company’s clients’ facilities. The company was founded by Scott F. Hartman and W. Lance Anderson on September 13, 1996 and is headquartered in Kansas City, MO.
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