Is PetVivo Holdings Inc (PETV) Stock About to Get Hot Wednesday?

The market has been down on PetVivo Holdings Inc (PETV) stock recently. PETV gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

PetVivo Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PETV!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With PETV Stock Today?

PetVivo Holdings Inc (PETV) stock is trading at $2.82 as of 10:23 AM on Wednesday, Jan 19, a gain of $0.14, or 5.26% from the previous closing price of $2.68. The stock has traded between $2.72 and $2.90 so far today. Volume today is below average. So far 83,937 shares have traded compared to average volume of 606,697 shares.

More About PetVivo Holdings Inc

PetVivo Holdings Inc is a US-based biomedical device company which focuses on the licensing and commercialization of medical devices and therapeutics for pets, based in Minneapolis, Minnesota. The company focuses on developing its lead product Kush Canine which is a veterinarian-administered joint injection for the treatment of osteoarthritis in dogs. The Kush Canine device is made from natural components that are lubricious and cushioning to perform like cartilage for the treatment of pain and inflammation associated with osteoarthritis. Click Here to get the full Stock Report for PetVivo Holdings Inc stock.