ZIVO Bioscience (NASDAQ:ZIVO) Shares Pass Above 50-Day Moving Average of $9.08

ZIVO Bioscience, Inc. (NASDAQ:ZIVO)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $9.08 and traded as high as $13.50. ZIVO Bioscience shares last traded at $13.50, with a volume of 609 shares traded.

Analysts Set New Price Targets

Separately, Maxim Group reissued a “hold” rating on shares of ZIVO Bioscience in a research report on Tuesday, June 4th.

ZIVO Bioscience Stock Up 12.7 %

The stock has a 50-day simple moving average of $9.08 and a 200-day simple moving average of $8.38. The firm has a market capitalization of $44.81 million, a PE ratio of -3.55 and a beta of 0.24.

ZIVO Bioscience (NASDAQ:ZIVO) last released its earnings results on Wednesday, August 14th. The biotechnology company reported ($2.78) earnings per share (EPS) for the quarter.

ZIVO Bioscience Company Profile

ZIVO Bioscience, Inc, a research and development company, engages in licensing and selling natural bioactive ingredients derived from its proprietary algae cultures to animal, human, and dietary supplement and medical food manufacturers. The company operates in the biotech and agtech sectors, with an intellectual property portfolio comprising proprietary algal and bacterial strains, biologically active molecules and complexes, production techniques, cultivation techniques, and patented or patent-pending inventions for applications in human and animal health.