PetVivo (NASDAQ:PETV) Stock Price Up 0.7% – Still a Buy?

PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report)’s stock price rose 0.7% during trading on Tuesday. The stock traded as high as $0.7554 and last traded at $0.7554. 6,110 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 11,613 shares. The stock had previously closed at $0.75.

PetVivo Price Performance

The firm has a market cap of $26.19 million, a price-to-earnings ratio of -1.53 and a beta of 1.33. 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 company has a 50 day moving average of $0.73 and a 200 day moving average of $0.75.

PetVivo Company Profile

(Get Free Report)

PetVivo Holdings, Inc is a biomedical company focused on developing and commercializing medical therapeutics for companion animals and, potentially, human patients. The company’s technologies are based on proprietary biomaterials designed to support tissue repair and provide therapeutic benefits for conditions affecting joints and other parts of the body.

PetVivo’s principal commercial product is Spryng with OsteoCushion Technology, an injectable veterinary medical device intended to help manage lameness and osteoarthritis in animals, including dogs and horses.

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