PetVivo (NASDAQ:PETV) Shares Down 0.1% – Should You Sell?

PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report)’s share price fell 0.1% during mid-day trading on Friday. The company traded as low as $0.81 and last traded at $0.8390. 8,258 shares were traded during trading, a decline of 23% from the average session volume of 10,703 shares. The stock had previously closed at $0.84.

PetVivo Price Performance

The stock’s 50 day moving average price is $0.70 and its two-hundred day moving average price is $0.75. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.42 and a quick ratio of 0.47. The firm has a market capitalization of $31.87 million, a price-to-earnings ratio of -1.86 and a beta of 1.36.

About PetVivo

(Get Free Report)

PetVivo Holdings, Inc is a Minneapolis-based biomedical company focused on developing and commercializing medical therapeutics and devices for companion and other animals. The company applies proprietary technologies, including particle-based and hydrogel platforms, to address conditions affecting animal health.

PetVivo’s principal commercial product is Spryng with OsteoCushion Technology, an injectable medical device intended for intra-articular administration in veterinary applications.

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