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Stock impact report

Assessing NovaBay Pharmaceuticals' (NBY) Valuation After A Sharp Short Term Share Price Surge [Yahoo! Finance]

NovaBay Pharmaceuticals, Inc. (NBY) 
NASDAQ:AMEX Investor Relations: novabay.com/investors
Company Research Source: Yahoo! Finance
See our latest analysis for NovaBay Pharmaceuticals. The recent surge in NovaBay Pharmaceuticals' share price, including a 1 day share price return above 100% and a very large 1 year total shareholder return, follows a period where longer term total shareholder returns over 3 and 5 years have been deeply negative. As a result, recent momentum is building off a low base and may reflect shifting views on the company's risk profile and prospects rather than a settled outlook. If NovaBay's sharp move has caught your eye, it can be helpful to compare it with other healthcare names using our screen of healthcare stocks as a starting point for fresh ideas. With NovaBay posting very large short term gains but carrying 3 and 5 year total returns that are deeply negative, you have to ask: is this still an overlooked turnaround story, or is the market already pricing in future growth? Our DCF model estimates a fair value for NovaBay Pharmaceuticals of about $3.53 per share, compared wit Show less Read more
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