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hVIVO (LON:HVO) Shares Down 6.8% - Time to Sell?

hVIVO logo with Medical background

Shares of hVIVO plc (LON:HVO - Get Free Report) traded down 6.8% during trading on Friday . The company traded as low as GBX 19 ($0.24) and last traded at GBX 19.10 ($0.24). 2,518,262 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 3,389,765 shares. The stock had previously closed at GBX 20.50 ($0.25).

hVIVO Price Performance

The company has a debt-to-equity ratio of 33.86, a current ratio of 1.61 and a quick ratio of 1.16. The company has a fifty day moving average price of GBX 23.20 and a 200 day moving average price of GBX 26.66. The company has a market capitalization of £129.95 million, a P/E ratio of 636.67 and a beta of 0.97.

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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