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Niagen Bioscience (NASDAQ:NAGE) Trading Down 2.4% - Here's Why

Niagen Bioscience logo with Medical background

Niagen Bioscience, Inc. (NASDAQ:NAGE - Get Free Report)'s stock price fell 2.4% during trading on Wednesday . The stock traded as low as $13.31 and last traded at $13.54. 232,394 shares changed hands during trading, a decline of 73% from the average session volume of 850,806 shares. The stock had previously closed at $13.88.

Analyst Ratings Changes

NAGE has been the subject of several research analyst reports. Roth Capital restated a "buy" rating and issued a $23.00 price objective (up previously from $10.00) on shares of Niagen Bioscience in a research note on Friday, June 6th. Wall Street Zen lowered Niagen Bioscience from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 14th. Finally, Canaccord Genuity Group lifted their price objective on shares of Niagen Bioscience from $13.00 to $16.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th.

Check Out Our Latest Analysis on Niagen Bioscience

Niagen Bioscience Stock Performance

The company has a market cap of $1.06 billion, a PE ratio of 149.33 and a beta of 2.08. The stock's 50-day simple moving average is $10.06 and its 200 day simple moving average is $7.38.

Niagen Bioscience Company Profile

(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.

Further Reading

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