In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of BioVie Inc (NASDAQ: BIVI) was $1.27 for the day, down -3.05% from the previous closing price of $1.31. In other words, the price has decreased by -$3.05 from its previous closing price. On the day, 98007.0 shares were traded. BIVI stock price reached its highest trading level at $1.3155 during the session, while it also had its lowest trading level at $1.24.
Ratios:
Our analysis of BIVI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 15.83 and its Current Ratio is at 15.83. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In the most recent recommendation for this company, Cantor Fitzgerald on July 22, 2022, initiated with a Overweight rating and assigned the stock a target price of $7.
On January 15, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $47.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIVI now has a Market Capitalization of 9572598 and an Enterprise Value of -15072974.
Stock Price History:
The Beta on a monthly basis for BIVI is 0.35, which has changed by -0.94177777 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, BIVI has reached a high of $25.76, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is -19.39%, while the 200-Day Moving Average is calculated to be -77.32%.
Shares Statistics:
BIVI traded an average of 109.78K shares per day over the past three months and 71180 shares per day over the past ten days. A total of 7.54M shares are outstanding, with a floating share count of 7.18M. Insiders hold about 4.75% of the company’s shares, while institutions hold 16.01% stake in the company. Shares short for BIVI as of 1764288000 were 168227 with a Short Ratio of 1.54, compared to 1761868800 on 213035. Therefore, it implies a Short% of Shares Outstanding of 168227 and a Short% of Float of 2.2399999999999998.
