hVIVO plc (LON:HVO - Get Free Report) shares dropped 46.3% during trading on Saturday . 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 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).
Analyst Ratings Changes
Separately, Shore Capital reiterated a "buy" rating on shares of hVIVO in a research report on Friday.
Check Out Our Latest Stock Analysis on HVO
hVIVO Trading Up 23.0%
The firm has a market capitalization of £75.71 million, a PE ratio of 4.41 and a beta of 0.97. The company has a current ratio of 1.61, a quick ratio of 1.16 and a debt-to-equity ratio of 33.86. The business has a fifty day moving average price of GBX 16.16 and a two-hundred day moving average price of GBX 18.04.
hVIVO (LON:HVO - Get Free Report) last posted its earnings results on Thursday, April 10th. The company reported GBX 1.69 ($0.02) earnings per share (EPS) for the quarter. hVIVO had a return on equity of 47.93% and a net margin of 25.96%. Analysts expect that hVIVO plc will post 1.5492958 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Yamin Mo' Khan sold 3,062,246 shares of hVIVO stock in a transaction on Thursday, March 6th. The stock was sold at an average price of GBX 17 ($0.23), for a total transaction of £520,581.82 ($705,204.31). 14.03% of the stock is currently owned by corporate insiders.
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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