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Novation Companies (NASDAQ:NOVC) COO Steve M. Haslam purchased 75,000 shares of Novation Companies stock on the open market in a transaction dated Monday, August 11th. The shares were purchased at an average price of $0.26 per share, for a total transaction of $19,500.00. Following the acquisition, the chief operating officer now directly owns 275,122 shares in the company, valued at approximately $71,532. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Novation Companies (NASDAQ:NOVC) opened at 0.27 on Friday. Novation Companies has a one year low of $0.23 and a one year high of $0.43. The stock has a 50-day moving average of $0.27 and a 200-day moving average of $0.. The company’s market cap is $24.7 million.

Novation Companies, Inc (NASDAQ:NOVC) is engaged in the business strategy of acquiring and operating technology-enabled service businesses.

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