hVIVO plc (LON:HVO - Get Free Report)'s stock price dropped 46.3% on Friday . The stock traded as low as GBX 6.50 ($0.09) and last traded at GBX 8.70 ($0.12). Approximately 83,062,000 shares changed hands 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).
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "buy" rating on shares of hVIVO in a research note on Friday.
Read Our Latest Analysis on hVIVO
hVIVO Stock Down 46.3%
The firm has a 50 day moving average of GBX 16.16 and a two-hundred day moving average of GBX 18.04. The firm has a market capitalization of £61.56 million, a price-to-earnings ratio of 3.59 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.
hVIVO (LON:HVO - Get Free Report) last posted its earnings results on Thursday, April 10th. The company reported GBX 1.69 ($0.02) EPS for the quarter. hVIVO had a return on equity of 47.93% and a net margin of 25.96%. As a group, sell-side analysts anticipate that hVIVO plc will post 1.5492958 EPS for the current fiscal year.
Insider Buying and Selling at hVIVO
In other news, insider Yamin Mo' Khan sold 3,062,246 shares of the firm's 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). Corporate insiders own 14.03% of the company's stock.
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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