ZIVO Bioscience (NASDAQ:ZIVO) Stock Passes Above 50 Day Moving Average - Here's Why

Key Points

• ZIVO Bioscience's stock price has crossed above its fifty day moving average of $14.36, reaching a high of $18.99 during trading.
• The company has a market cap of $72.48 million and operates in the biotech and agtech sectors, focusing on natural bioactive ingredients derived from proprietary algae cultures.
• ZIVO Bioscience's P/E ratio stands at -3.89, indicating negative earnings, which is reflected in its beta of -0.06.

ZIVO Bioscience, Inc. (NASDAQ:ZIVO - )'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.36 and traded as high as $18.99. ZIVO Bioscience shares last traded at $18.99, with a volume of 290 shares traded.

ZIVO Bioscience Stock Performance

The firm has a market cap of $72.48 million, a P/E ratio of -3.89 and a beta of -0.06. The company has a 50-day moving average of $14.36 and a 200 day moving average of $16.29.

ZIVO Bioscience Company Profile

ZIVO Bioscience, Inc, a research and development company, engages in licensing and selling natural bioactive ingredients derived from its proprietary algae cultures to animal, human, and dietary supplement and medical food manufacturers. The company operates in the biotech and agtech sectors, with an intellectual property portfolio comprising proprietary algal and bacterial strains, biologically active molecules and complexes, production techniques, cultivation techniques, and patented or patent-pending inventions for applications in human and animal health.

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