NovaBay Pharmaceuticals, Inc. (NYSEAMERICAN:NBY) Director Sells $160,634.76 in Stock

NovaBay Pharmaceuticals, Inc. (NYSEAMERICAN:NBY) Director Mijia Wu sold 63,492 shares of the firm’s stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $2.53, for a total value of $160,634.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of NYSEAMERICAN NBY opened at $2.14 on Thursday. NovaBay Pharmaceuticals, Inc. has a 52 week low of $0.23 and a 52 week high of $4.04.

NovaBay Pharmaceuticals (NYSEAMERICAN:NBY) last issued its quarterly earnings data on Thursday, May 9th. The biopharmaceutical company reported ($0.24) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.12). The firm had revenue of $1.49 million during the quarter.

A number of brokerages have recently commented on NBY. Zacks Investment Research raised NovaBay Pharmaceuticals from a “sell” rating to a “hold” rating and set a $1.50 price objective on the stock in a report on Thursday, March 14th. Laidlaw lowered NovaBay Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Wednesday, March 13th. Finally, HC Wainwright lowered NovaBay Pharmaceuticals from a “buy” rating to a “neutral” rating and set a $1.50 price objective on the stock. in a report on Wednesday, March 13th.

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NovaBay Pharmaceuticals Company Profile

NovaBay Pharmaceuticals, Inc, a biopharmaceutical company, develops, manufactures, and markets non-antibiotic and anti-infective products for the eye care market in the United States, China, and internationally. It offers Avenova, a prescription product for cleansing and removing foreign materials, including microorganisms and debris from skin around the eye; NeutroPhase for wound care market; CelleRx for the aesthetic dermatology market; Aganocide compounds patented synthetic molecules for use against bacteria, viruses, and fungi; auriclosene irrigation solution for urology; and intelli-Case, a device for soft and rigid gas permeable contact lenses.

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