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hVIVO (LON:HVO) Shares Pass Below Fifty Day Moving Average - Should You Sell?

hVIVO logo with Medical background

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 13.25 ($0.18) and traded as low as GBX 9.86 ($0.13). hVIVO shares last traded at GBX 10.08 ($0.14), with a volume of 1,462,583 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a "buy" rating on shares of hVIVO in a report on Friday, May 30th.

View Our Latest Analysis on HVO

hVIVO Stock Performance

The stock's 50-day simple moving average is GBX 12.62 and its 200 day simple moving average is GBX 15.54. The company has a debt-to-equity ratio of 33.86, a quick ratio of 1.16 and a current ratio of 1.61. The company has a market capitalization of £70.53 million, a PE ratio of 4.11 and a beta of 0.97.

About hVIVO

(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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