PetVivo (NASDAQ:PETV) Shares Up 14.4% – Time to Buy?

Shares of PetVivo Holdings, Inc. (NASDAQ:PETVGet Free Report) rose 14.4% during mid-day trading on Tuesday . The stock traded as high as $0.92 and last traded at $0.91. Approximately 114,190 shares changed hands during mid-day trading, an increase of 49% from the average daily volume of 76,723 shares. The stock had previously closed at $0.80.

PetVivo Stock Up 14.4 %

The stock has a 50-day moving average of $0.51 and a 200 day moving average of $0.54. The company has a market capitalization of $18.82 million, a PE ratio of -1.91 and a beta of 2.34. The company has a quick ratio of 0.47, a current ratio of 0.67 and a debt-to-equity ratio of 0.02.

PetVivo Company Profile

(Get Free Report)

PetVivo Holdings, Inc, a biomedical device company, engages in the manufacturing, commercializing, and licensing of medical devices and biomaterials for the treatment of afflictions and diseases in animals. Its lead product is Spryng, a veterinarian-administered, intraarticular injection for the management of lameness and other joint afflictions, such as osteoarthritis in dogs and horses.

Further Reading

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