hVIVO (LON:HVO) Shares Up 10.5% – Time to Buy?

hVIVO plc (LON:HVOGet Free Report) shot up 10.5% during trading on Monday . The stock traded as high as GBX 22 ($0.27) and last traded at GBX 21.35 ($0.27). 6,501,964 shares changed hands during trading, an increase of 125% from the average session volume of 2,888,891 shares. The stock had previously closed at GBX 19.33 ($0.24).

hVIVO Stock Performance

The company has a market capitalization of £145.26 million, a PE ratio of 711.67 and a beta of 0.97. The stock’s 50-day simple moving average is GBX 20.36 and its 200 day simple moving average is GBX 25.73. The company has a debt-to-equity ratio of 33.86, a quick ratio of 1.16 and a current ratio of 1.61.

hVIVO Company Profile

(Get Free Report)

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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