hVIVO plc (LON:HVO - Get Free Report) shares shot up 23% during mid-day trading on Tuesday . The stock traded as high as GBX 11 ($0.15) and last traded at GBX 10.70 ($0.14). 24,253,932 shares traded hands during mid-day trading, an increase of 569% from the average session volume of 3,624,890 shares. The stock had previously closed at GBX 8.70 ($0.12).
Analysts Set New Price Targets
Separately, Shore Capital reissued a "buy" rating on shares of hVIVO in a research report on Friday, May 30th.
View Our Latest Stock Analysis on HVO
hVIVO Price Performance
The company's 50-day moving average is GBX 15.82 and its 200-day moving average is GBX 17.61. 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 firm has a market capitalization of £77.83 million, a price-to-earnings ratio of 4.54 and a beta of 0.97.
hVIVO (LON:HVO - Get Free Report) last posted its quarterly earnings results on Thursday, April 10th. The company reported GBX 1.69 ($0.02) EPS for the quarter. hVIVO had a net margin of 25.96% and a return on equity of 47.93%. On average, research analysts expect that hVIVO plc will post 1.5492958 earnings per share for the current year.
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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