ZIVO Bioscience (NASDAQ:ZIVO) Stock Crosses Above 50-Day Moving Average of $9.08

ZIVO Bioscience, Inc. (NASDAQ:ZIVO) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $9.08 and traded as high as $13.50. ZIVO Bioscience shares last traded at $13.50, with a volume of 609 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Maxim Group reiterated a “hold” rating on shares of ZIVO Bioscience in a report on Tuesday, June 4th.

ZIVO Bioscience Stock Performance

The firm has a market cap of $47.12 million, a P/E ratio of -3.16 and a beta of 0.24. The firm’s fifty day moving average price is $9.33 and its 200 day moving average price is $8.45.

ZIVO Bioscience (NASDAQ:ZIVO) last posted its quarterly earnings results on Wednesday, August 14th. The biotechnology company reported ($2.78) EPS for the quarter.

About ZIVO Bioscience

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.