PetVivo (NASDAQ:PETV) Stock Price Up 6.5%

PetVivo Holdings, Inc. (NASDAQ:PETV) shares rose 6.5% during mid-day trading on Tuesday . The stock traded as high as $0.82 and last traded at $0.82. Approximately 26,088 shares changed hands during trading, a decline of 29% from the average daily volume of 36,830 shares. The stock had previously closed at $0.77.

PetVivo Stock Up 6.5 %

The firm has a market cap of $16.34 million, a P/E ratio of -1.04 and a beta of 2.42. The company has a quick ratio of 0.45, a current ratio of 0.81 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $0.55 and a 200-day moving average of $0.74.

PetVivo (NASDAQ:PETV) last released its earnings results on Wednesday, August 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $0.12 million for the quarter. PetVivo had a negative return on equity of 1,038.50% and a negative net margin of 1,036.82%.

PetVivo Company Profile

PetVivo Holdings, Inc, a biomedical device company, engages in the manufacturing, commercializing, and licensing of medical devices and biomaterials for the treatment of afflictions and diseases in animals. Its lead product is Spryng, a veterinarian-administered, intraarticular injection for the management of lameness and other joint afflictions, such as osteoarthritis in dogs and horses.