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hVIVO (LON:HVO) Shares Cross Below Fifty Day Moving Average - Time to Sell?

hVIVO logo with Medical background

hVIVO plc (LON:HVO - Get Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 28.07 ($0.36) and traded as low as GBX 25 ($0.32). hVIVO shares last traded at GBX 25.40 ($0.32), with a volume of 2,916,822 shares traded.

hVIVO Trading Down 6.3 %

The firm has a market cap of £161.93 million, a P/E ratio of 807.37 and a beta of 0.97. The business's 50-day moving average is GBX 28.07 and its two-hundred day moving average is GBX 28.11. The company has a debt-to-equity ratio of 33.86, a current ratio of 1.61 and a quick ratio of 1.16.

About hVIVO

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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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