Shares of Novogen Ltd. (NASDAQ:NVGN) gapped up prior to trading on Thursday . The stock had previously closed at $1.79, but opened at $1.83. Novogen shares last traded at $2.01, with a volume of 158,973 shares trading hands.

The stock’s market cap is $33.86 million. The firm’s 50 day moving average is $1.89 and its 200 day moving average is $2.08.

Novogen Limited (Novogen) is a drug discovery company. The Company is primarily engaged in pharmaceutical research and development. The Company’s operations include CanTx Inc, its United States-based joint venture company with Yale University. Novogen has two drug technology platforms (the superbenzopyrans (SBPs) and anti-tropomyosins (ATMs)) yielding drug candidates that have application across a range of degenerative diseases.

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