Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of BioVie Inc (NASDAQ: BIVI) closed at $1.09 in the last session, up 5.83% from day before closing price of $1.03. In other words, the price has increased by $5.83 from its previous closing price. On the day, 0.19 million shares were traded. BIVI stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $1.01.
Ratios:
We take a closer look at BIVI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.32 and its Current Ratio is at 9.32. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 20242064 and an Enterprise Value of -2583505.
Stock Price History:
The Beta on a monthly basis for BIVI is 1.15, which has changed by -0.7650862 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, BIVI has reached a high of $7.50, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 9.22%, while the 200-Day Moving Average is calculated to be -38.65%.
Shares Statistics:
According to the various share statistics, BIVI traded on average about 415.80K shares per day over the past 3-months and 194840 shares per day over the past 10 days. A total of 18.52M shares are outstanding, with a floating share count of 16.15M. Insiders hold about 13.06% of the company’s shares, while institutions hold 5.33% stake in the company. Shares short for BIVI as of 1748563200 were 1447857 with a Short Ratio of 3.48, compared to 1745971200 on 1065755. Therefore, it implies a Short% of Shares Outstanding of 1447857 and a Short% of Float of 8.9700006.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of BioVie Inc (BIVI) is currently being evaluated by 1 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.44, with high estimates of -$0.44 and low estimates of -$0.44.
Analysts are recommending an EPS of between -$1.14 and -$1.14 for the fiscal current year, implying an average EPS of -$1.14. EPS for the following year is -$1.51, with 1.0 analysts recommending between -$1.51 and -$1.51.