Polynovo (PNV)

The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average. As with MACD and the Percentage Price Oscillator (PPO) it is shown with a signal line a histogram and a centreline.

Calculation: Percentage Volume Oscillator (PVO):
1) Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100;
2) Signal Line: 9-day EMA of PVO; 3) Histogram: PVO - Signal Line;

PROFILE: Polynovo (PNV.AX)

Stock Exchange: ASX
Company: Polynovo
Ticker Codes: | PNV.AX | ASX:PNV |

Polynovo Limited, a medical device company, designs, develops, and manufactures dermal regeneration solutions in Australia. The company focuses on the development and commercialization of medical devices using its NovoSorb technology in the treatment of burns, surgical wounds, and negative pressure wound therapy. It offers BTM (biodegradable temporising matrix), a wound dressing intended for treatment of full-thickness wounds and burns. In addition, Polynovo Limited licensed its NovoSorb to Smith & Nephew for orthopaedic applications. The company was formerly known as Calzada Limited and changed its name to Polynovo Limited in November 2014. Polynovo Limited is based in Port Melbourne, Australia.