PetVivo (NASDAQ:PETV) Trading Up 9.9% – Should You Buy?

PetVivo Holdings, Inc. (NASDAQ:PETVGet Free Report)’s share price shot up 9.9% during trading on Monday . The stock traded as high as $0.56 and last traded at $0.55. 53,191 shares were traded during mid-day trading, an increase of 139% from the average session volume of 22,269 shares. The stock had previously closed at $0.50.

PetVivo Trading Up 9.9 %

The company has a market cap of $13.07 million, a price-to-earnings ratio of -1.22 and a beta of 1.85. The company has a quick ratio of 0.47, a current ratio of 0.42 and a debt-to-equity ratio of 0.02. The business’s fifty day simple moving average is $0.58 and its two-hundred day simple moving average is $0.59.

PetVivo Company Profile

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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.

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