hVIVO (LON:HVO) Stock Passes Above 50-Day Moving Average of $27.83

hVIVO plc (LON:HVO) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 27.83 ($0.34) and traded as high as GBX 29 ($0.36). hVIVO shares last traded at GBX 28.50 ($0.35), with a volume of 2,635,820 shares trading hands.

hVIVO Price Performance

The company’s 50 day moving average price is GBX 27.83 and its 200-day moving average price is GBX 24.46. The company has a market capitalization of £194.65 million, a PE ratio of -1.00 and a beta of 0.99. The company has a current ratio of 1.46, a quick ratio of 1.16 and a debt-to-equity ratio of 9.83.

hVIVO Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 20th. Stockholders of record on Thursday, April 18th will be paid a dividend of GBX 0.20 ($0.00) per share. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 0.68%.

hVIVO Company Profile

hVIVO plc operates as a pharmaceutical service and contract research company. The company is involved in testing vaccines and antivirals using human challenge clinical trials. It provides services to big pharma, biotech, government, and public health organizations. The company has a portfolio of human challenge study models for conditions, such as RSV, flu, human rhinovirus, asthma, malaria, cough, and COPD, as well as developing COVID-19 human challenge study model.