PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report)’s share price was up 6.1% during trading on Thursday . The company traded as high as $0.7425 and last traded at $0.7425. Approximately 12,461 shares were traded during trading, a decline of 4% from the average daily volume of 12,967 shares. The stock had previously closed at $0.70.
PetVivo Price Performance
The stock’s 50 day moving average is $0.78 and its two-hundred day moving average is $1.04. The stock has a market capitalization of $26.25 million, a PE ratio of -1.65 and a beta of 1.18. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.42 and a quick ratio of 0.47.
About PetVivo
PetVivo, Inc, headquartered in Ormond Beach, Florida, is a regenerative biomedical technology company specializing in veterinary applications. The company’s core focus is on developing and commercializing sustained-release intra-articular therapies for animals through its proprietary RediVet injectable micro-plug system. This biodegradable polymer platform is designed to provide controlled release of therapeutic agents directly into joints, targeting osteoarthritis and related inflammatory conditions in companion and performance animals.
PetVivo’s lead product, the RediVet-40 system, has been evaluated in proof-of-concept trials involving canine patients with osteoarthritis.
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