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

hVIVO logo with Medical background

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

hVIVO Stock Down 6.8 %

The company's 50-day simple moving average is GBX 23.58 and its two-hundred day simple moving average is GBX 26.77. The firm has a market capitalization of £129.95 million, a P/E ratio of 636.67 and a beta of 0.97. The company has a debt-to-equity ratio of 33.86, a current ratio of 1.61 and a quick ratio of 1.16.

hVIVO Company Profile

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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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