The price of BioVie Inc (NASDAQ: BIVI) closed at $0.58 in the last session, up 1.43% from day before closing price of $0.57. In other words, the price has increased by $+0.0081 from its previous closing price. On the day, 775461 shares were traded.
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 1.47 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 0.00.
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.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 01 ’23 when GORLIN STEVE sold 75,680 shares for $1.69 per share. The transaction valued at 127,899 led to the insider holds 46,358 shares of the business.
DO CUONG V bought 10,000 shares of BIVI for $17,800 on Nov 30 ’23. The President & CEO now owns 68,759 shares after completing the transaction at $1.78 per share. On Sep 05 ’23, another insider, GORLIN STEVE, who serves as the Director of the company, sold 8,560 shares for $3.05 each. As a result, the insider received 26,108 and left with 75,680 shares of the company.
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 31.58M and an Enterprise Value of 21.62M.
Stock Price History:
Over the past 52 weeks, BIVI has reached a high of $10.22, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is 1.0259, while the 200-Day Moving Average is calculated to be 2.9389.
Shares Statistics:
According to the various share statistics, BIVI traded on average about 2.45M shares per day over the past 3-months and 1.47M shares per day over the past 10 days. A total of 36.43M shares are outstanding, with a floating share count of 21.71M. Insiders hold about 60.48% of the company’s shares, while institutions hold 3.94% stake in the company. Shares short for BIVI as of Feb 29, 2024 were 1.02M with a Short Ratio of 0.42, compared to 1.09M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.55% and a Short% of Float of 6.22%.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.33 for the current quarter, with a high estimate of -$0.33 and a low estimate of -$0.33, while EPS last year was -$0.43. The consensus estimate for the next quarter is -$0.34, with high estimates of -$0.34 and low estimates of -$0.34.
Analysts are recommending an EPS of between -$1.28 and -$1.28 for the fiscal current year, implying an average EPS of -$1.28. EPS for the following year is -$1.3, with 1 analysts recommending between -$1.3 and -$1.3.
