PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report)’s share price dropped 11% during mid-day trading on Tuesday . The company traded as low as $0.6873 and last traded at $0.7050. Approximately 16,865 shares traded hands during trading, an increase of 19% from the average daily volume of 14,208 shares. The stock had previously closed at $0.7920.
PetVivo Stock Down 11.0%
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 stock has a market capitalization of $24.69 million, a PE ratio of -1.57 and a beta of 1.18. The firm’s fifty day moving average is $0.88 and its 200-day moving average is $1.05.
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.
Read More
- Five stocks we like better than PetVivo
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for PetVivo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PetVivo and related companies with MarketBeat.com's FREE daily email newsletter.
