hVIVO plc (LON:HVO - Get Free Report) shares dropped 46.3% during trading on Saturday . The company traded as low as GBX 6.50 ($0.09) and last traded at GBX 8.70 ($0.12). Approximately 83,062,000 shares were traded during mid-day trading, an increase of 2,325% from the average daily volume of 3,424,608 shares. The stock had previously closed at GBX 16.20 ($0.22).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "buy" rating on shares of hVIVO in a research note on Friday.
Read Our Latest Report on hVIVO
hVIVO Stock Up 23.0%
The firm has a market capitalization of £75.71 million, a price-to-earnings ratio of 4.41 and a beta of 0.97. The stock has a fifty day moving average of GBX 16.16 and a two-hundred day moving average of GBX 18.04. The company has a debt-to-equity ratio of 33.86, a current ratio of 1.61 and a quick ratio of 1.16.
hVIVO (LON:HVO - Get Free Report) last issued its quarterly earnings results on Thursday, April 10th. The company reported GBX 1.69 ($0.02) earnings per share for the quarter. hVIVO had a return on equity of 47.93% and a net margin of 25.96%. Sell-side analysts anticipate that hVIVO plc will post 1.5492958 earnings per share for the current year.
Insider Activity at hVIVO
In other hVIVO news, insider Yamin Mo' Khan sold 3,062,246 shares of hVIVO stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of GBX 17 ($0.23), for a total transaction of £520,581.82 ($700,648.48). 14.03% of the stock is owned by insiders.
hVIVO Company Profile
(
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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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