hVIVO (LON:HVO) Trading 9.9% Higher – Should You Buy?

hVIVO plc (LON:HVOGet Free Report)’s share price was up 9.9% during mid-day trading on Monday . The stock traded as high as GBX 21.50 ($0.27) and last traded at GBX 21.24 ($0.26). Approximately 2,611,591 shares changed hands during trading, a decline of 2% from the average daily volume of 2,672,759 shares. The stock had previously closed at GBX 19.33 ($0.24).

hVIVO Stock Up 9.7 %

The stock has a market cap of £144.24 million, a P/E ratio of 706.67 and a beta of 0.97. The company has a quick ratio of 1.16, a current ratio of 1.61 and a debt-to-equity ratio of 33.86. The business has a 50-day simple moving average of GBX 20.36 and a 200-day simple moving average of GBX 25.73.

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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