Shares of PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report) traded up 0.1% during mid-day trading on Tuesday . The company traded as high as $0.7997 and last traded at $0.7997. 4,537 shares traded hands during trading, a decline of 58% from the average session volume of 10,688 shares. The stock had previously closed at $0.7988.
PetVivo Price Performance
The business’s fifty day simple moving average is $0.77 and its 200-day simple moving average is $0.88. The firm has a market cap of $29.13 million, a P/E ratio of -1.78 and a beta of 1.25. The company has a current ratio of 0.42, a quick ratio of 0.47 and a debt-to-equity ratio of 0.02.
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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