PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report) traded up 2.5% during trading on Friday . The company traded as high as $0.7990 and last traded at $0.7990. 3,659 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 11,959 shares. The stock had previously closed at $0.7793.
PetVivo Price Performance
The stock’s 50-day simple moving average is $0.75 and its 200 day simple moving average is $1.00. 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 company has a market cap of $28.64 million, a price-to-earnings ratio of -1.78 and a beta of 1.20.
PetVivo Company Profile
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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