PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report) shares traded down 5% during trading on Monday . The stock traded as low as $0.7013 and last traded at $0.76. 9,822 shares traded hands during trading, a decline of 9% from the average session volume of 10,788 shares. The stock had previously closed at $0.80.
PetVivo Trading Down 5.0%
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 firm has a market capitalization of $28.57 million, a P/E ratio of -1.69 and a beta of 1.23. The firm has a 50 day moving average of $0.80 and a 200-day moving average of $0.83.
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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