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Niagen Bioscience (NASDAQ:NAGE) Downgraded to "Buy" Rating by Wall Street Zen

Niagen Bioscience logo with Manufacturing background

Niagen Bioscience (NASDAQ:NAGE - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a report released on Friday.

A number of other equities analysts have also weighed in on NAGE. Canaccord Genuity Group started coverage on shares of Niagen Bioscience in a research report on Tuesday, May 27th. They set a "buy" rating and a $13.00 target price for the company. Roth Capital increased their target price on shares of Niagen Bioscience from $10.00 to $23.00 and gave the stock a "buy" rating in a research report on Friday.

Check Out Our Latest Analysis on NAGE

Niagen Bioscience Price Performance

NASDAQ NAGE traded up $0.48 on Friday, hitting $13.43. 1,329,467 shares of the stock traded hands, compared to its average volume of 854,919. The stock's fifty day simple moving average is $8.69. Niagen Bioscience has a 12 month low of $2.31 and a 12 month high of $13.53. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 79.00 and a beta of 2.08.

About Niagen Bioscience

(Get Free Report)

Niagen Bioscience, Inc is a global bioscience company, which engages in acquiring, developing, and commercializing proprietary-based ingredient technologies. It is pioneering research on nicotinamide adenine dinucleotide (NAD+). The company's patent portfolio includes Nicotinamide Riboside (NR) and other NAD+ precursors, which are commercialized as the flagship ingredient Niagen.

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