Novan, Inc. (NOVN)

2.86 4.38%
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Pros
Stock price low relative to the 52-week range
Revenue growth higher than the industry and sector averages
Buy analyst rating
Average analyst stock price above current stock price
Cons
Forward P/B ratio high relative to industry peers
Forward P/S ratio high relative to industry peers
High short interest

Pros

  1. NOVN stock price ($2.79) is close to the 52-week low ($2.29). Perhaps now is a good time to buy? See NOVN price chart.
  2. NOVN quarterly revenue growth was 135.40%, higher than the industry and sector average revenue growth (4.07% and 7.51%, respectively). See NOVN revenue growth chart.
  3. NOVN average analyst rating is Strong Buy. See NOVN analyst rating chart.
  4. NOVN average analyst price target ($23.60) is above its current price ($2.79). See NOVN price target chart.

Cons

  1. NOVN Price/Book ratio is 9.39, which is high compared to its industry peers’ P/B ratios. See NOVN forward Price/Book ratio chart.
  2. NOVN Price/Sales ratio is 15.49, which is high compared to its industry peers’ P/S ratios. See NOVN forward Price/Sales ratio chart.
  3. NOVN short interest (days to cover the shorts) ratio is 3.34. The stock garners more short interest than the average industry, sector or S&P 500 stock. See NOVN short interest ratio chart.