PetVivo Holdings, Inc. (OTCMKTS:PETV – Get Rating) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $1.99 and traded as high as $2.35. PetVivo shares last traded at $2.33, with a volume of 19,235 shares traded.

PetVivo Price Performance

The stock has a market cap of $23.22 million, a price-to-earnings ratio of -3.10 and a beta of 1.96. The company has a current ratio of 4.15, a quick ratio of 4.00 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average price of $1.99 and a two-hundred day moving average price of $1.83.

Institutional Investors Weigh In On PetVivo

An institutional investor recently raised its position in PetVivo stock. Vanguard Group Inc. increased its position in shares of PetVivo Holdings, Inc. (OTCMKTS:PETV – Get Rating) by 5.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 226,137 shares of the company's stock after purchasing an additional 11,251 shares during the quarter. Vanguard Group Inc. owned approximately 2.31% of PetVivo worth $461,000 as of its most recent filing with the SEC. 13.70% of the stock is currently owned by hedge funds and other institutional investors.

About PetVivo

PetVivo Holdings, Inc, a biomedical device company, engages in the manufacturing, commercializing, and licensing of medical devices and biomaterials for the treatment of afflictions and diseases in animals. Its lead product is Spryng, a veterinarian-administered, intraarticular injection for the management of lameness and other joint afflictions, such as osteoarthritis in dogs and horses.

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