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small-cap

One Healthcare Stock Facing Resistance at Current Level – PNV

Jan 20, 2025 | Team Kalkine
One Healthcare Stock Facing Resistance at Current Level – PNV
Image source: shutterstock

PNV:ASX
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (AU$)

PolyNovo Limited (ASX: PNV): Sell at AUD 2.280

PNV is a medical device company specialising in advanced wound care. The company designs, develops, and manufactures dermal regeneration solutions, including NovoSorb® BTM and NovoSorb® MTX, utilising its patented NovoSorb biodegradable polymer technology. Its development program encompasses breast sling, hernia, and orthopaedic applications. 

As per the previous recommendation on PNV on 24 December 2024, a ‘Speculative Buy’ rating was given on the stock at AUD 2.085, and noted below are the details of support and resistance provided in the previous report:

Previous Recommendation Summary as on 24 December 2024

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