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hVIVO (LON:HVO) Shares Pass Below Fifty Day Moving Average - What's Next?

hVIVO logo with Medical background

Key Points

  • hVIVO's stock price recently dipped below its 50-day moving average of GBX 10.34, trading as low as GBX 9.60 during trading.
  • Two analysts rated hVIVO as a "Buy" and set a consensus target price of GBX 28, while Shore Capital and Peel Hunt have issued target prices of GBX 35 and GBX 21, respectively.
  • The company specializes in testing vaccines and antivirals through human challenge clinical trials, catering to pharmaceutical and public health sectors.
  • Five stocks we like better than hVIVO.

hVIVO plc (LON:HVO - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 10.34 ($0.14) and traded as low as GBX 9.60 ($0.13). hVIVO shares last traded at GBX 10 ($0.14), with a volume of 1,549,023 shares changing hands.

Analyst Ratings Changes

A number of research firms recently weighed in on HVO. Shore Capital reiterated a "buy" rating and issued a GBX 35 price objective on shares of hVIVO in a research report on Tuesday, July 22nd. Peel Hunt reiterated an "add" rating and issued a GBX 21 price objective on shares of hVIVO in a research report on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, hVIVO presently has an average rating of "Buy" and a consensus target price of GBX 28.

Read Our Latest Stock Report on hVIVO

hVIVO Trading Down 1.0%

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's fifty day moving average is GBX 10.31 and its 200 day moving average is GBX 13.64. The stock has a market cap of £68.03 million, a PE ratio of 638.71 and a beta of 0.97.

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.

Further Reading

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