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hVIVO (LON:HVO) Stock Price Up 3.5% - Still a Buy?

hVIVO logo with Medical background

Shares of hVIVO plc (LON:HVO - Get Free Report) shot up 3.5% during mid-day trading on Wednesday . The stock traded as high as GBX 20.60 ($0.26) and last traded at GBX 20.50 ($0.26). 1,418,431 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 3,544,421 shares. The stock had previously closed at GBX 19.80 ($0.25).

hVIVO Stock Performance

The stock has a market capitalization of £142.67 million, a P/E ratio of 683.33 and a beta of 0.97. The stock has a 50 day simple moving average of GBX 27.52 and a two-hundred day simple moving average of GBX 27.95. The company has a quick ratio of 1.16, a current ratio of 1.61 and a debt-to-equity ratio of 33.86.

hVIVO Company Profile

(Get Free Report)

hVIVO plc operates as a pharmaceutical service and contract research company. The company is involved in testing vaccines and antivirals using human challenge clinical trials. It provides services to big pharma, biotech, government, and public health organizations. The company has a portfolio of human challenge study models for conditions, such as RSV, flu, human rhinovirus, asthma, malaria, cough, and COPD, as well as developing COVID-19 human challenge study model.

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