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Niagen Bioscience (NASDAQ:NAGE) Reaches New 12-Month High - Still a Buy?

Niagen Bioscience logo with Manufacturing background

Niagen Bioscience Inc (NASDAQ:NAGE - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $11.84 and last traded at $11.78, with a volume of 1011127 shares changing hands. The stock had previously closed at $11.73.

Analyst Ratings Changes

Separately, Canaccord Genuity Group began coverage on Niagen Bioscience in a report on Tuesday, May 27th. They issued a "buy" rating and a $13.00 price objective for the company.

Read Our Latest Analysis on NAGE

Niagen Bioscience Price Performance

The company's 50 day moving average price is $8.37. The stock has a market cap of $906.64 million, a P/E ratio of 67.71 and a beta of 1.94.

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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