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Niagen Bioscience (NASDAQ:NAGE) Trading Down 9.5% - Time to Sell?

Niagen Bioscience logo with Medical background

Niagen Bioscience, Inc. (NASDAQ:NAGE - Get Free Report) dropped 9.5% on Tuesday . The stock traded as low as $13.04 and last traded at $13.04. Approximately 735,392 shares were traded during trading, a decline of 15% from the average daily volume of 869,654 shares. The stock had previously closed at $14.41.

Analyst Ratings Changes

NAGE has been the topic of several research reports. Roth Capital restated a "buy" rating and set a $23.00 price target (up from $10.00) on shares of Niagen Bioscience in a research note on Friday, June 6th. Wall Street Zen raised Niagen Bioscience from a "buy" rating to a "strong-buy" rating in a report on Sunday, June 22nd. Finally, Canaccord Genuity Group upped their target price on Niagen Bioscience from $13.00 to $16.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th.

Read Our Latest Stock Report on NAGE

Niagen Bioscience Stock Performance

The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 75.65 and a beta of 2.14. The firm's 50-day moving average price is $11.08 and its two-hundred day moving average price is $7.70.

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.

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