Shares of PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report) traded up 0.1% on Friday . The company traded as high as $0.9799 and last traded at $0.9799. 12,625 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 16,995 shares. The stock had previously closed at $0.9791.
PetVivo Price Performance
The company has a current ratio of 0.42, a quick ratio of 0.47 and a debt-to-equity ratio of 0.02. The business has a 50-day moving average of $1.09 and a 200 day moving average of $1.06. The firm has a market capitalization of $33.86 million, a PE ratio of -2.18 and a beta of 1.14.
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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