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hVIVO (LON:HVO) Shares Down 7.6% - What's Next?

hVIVO logo with Medical background

hVIVO plc (LON:HVO - Get Free Report) dropped 7.6% during trading on Wednesday . The stock traded as low as GBX 22 ($0.28) and last traded at GBX 22 ($0.28). Approximately 2,996,261 shares traded hands during trading, a decline of 15% from the average daily volume of 3,527,909 shares. The stock had previously closed at GBX 23.80 ($0.30).

hVIVO Price Performance

The firm's 50 day moving average price is GBX 27.95 and its two-hundred day moving average price is GBX 28.08. 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 stock has a market cap of £150.36 million, a PE ratio of 724.17 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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