PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report)’s share price traded up 7.5% during mid-day trading on Tuesday . The stock traded as high as $0.6882 and last traded at $0.6882. 636 shares were traded during mid-day trading, a decline of 94% from the average session volume of 10,897 shares. The stock had previously closed at $0.64.
PetVivo Trading Up 4.4%
The business’s 50 day moving average price is $0.77 and its 200-day moving average price is $0.78. The company has a market cap of $25.79 million, a price-to-earnings ratio of -1.51 and a beta of 1.27. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.47 and a current ratio of 0.42.
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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