10-Sep-2026
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NanoViricides Announces Pricing of ~$3.8 Million Registered Direct Offering
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Nanoviricides Inc is a nano-biopharmaceutical company that is engaged in discovering, developing, and commercializing therapeutics to advance the care of patients suffering from life-threatening viral infections. The company engaged in the application of nanomedicine technologies to the complex issues of viral diseases. It focuses its research and clinical programs on specific anti-viral therapeutics and is seeking to add to its existing portfolio of products through its internal discovery and clinical development programs and through in-licensing.
Nanoviricides trades on the AMEX stock market under the symbol NNVC.
As of September 10, 2026, NNVC stock price declined to $1.02 with 537,775 million shares trading.
NNVC has a beta of 2.13, meaning it tends to be more sensitive to market movements. NNVC has a correlation of 0.11 to the broad based SPY ETF.
NNVC has a market cap of $26.04 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, NNVC traded as high as $3.59 and as low as $.85.
The top ETF exchange traded funds that NNVC belongs to (by Net Assets): VTI, VXF, BUSM.
NNVC has underperformed the market in the last year with a price return of -28.7% while the SPY ETF gained +17.3%. NNVC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -23.9% and -20.3%, respectively, while the SPY returned +4.7% and -1.7%, respectively.
NNVC support price is $1.00 and resistance is $1.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NNVC shares will trade within this expected range on the day.