Shares of PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $73.50 and last traded at $73.50, with a volume of 12799 shares. The stock had previously closed at $0.78.
PetVivo Price Performance
The company’s 50 day moving average is $1.00 and its 200 day moving average is $1.06. The stock has a market capitalization of $24.97 million, a price-to-earnings ratio of -1.60 and a beta of 1.13. The company has a current ratio of 0.42, a quick ratio of 0.47 and a debt-to-equity ratio of 0.02.
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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