Niagen Bioscience Inc (NASDAQ:NAGE - Get Free Report)'s stock price shot up 8.2% on Monday . The stock traded as high as $11.79 and last traded at $11.71. 1,378,641 shares traded hands during trading, an increase of 63% from the average session volume of 846,135 shares. The stock had previously closed at $10.82.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on NAGE. Roth Capital raised their price objective on shares of Niagen Bioscience from $10.00 to $23.00 and gave the company a "buy" rating in a report on Friday. Canaccord Genuity Group began coverage on shares of Niagen Bioscience in a report on Tuesday, May 27th. They issued a "buy" rating and a $13.00 price target for the company.
Read Our Latest Report on NAGE
Niagen Bioscience Stock Up 12.5%
The company has a market capitalization of $1.02 billion, a PE ratio of 76.18 and a beta of 1.94. The firm has a 50 day moving average of $8.45.
Niagen Bioscience Company Profile
(
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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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