After finishing at $0.49 in the prior trading day, BioVie Inc (NASDAQ: BIVI) closed at $0.48, down -2.36%. In other words, the price has decreased by -$0.0116 from its previous closing price. On the day, 1149304 shares were traded.
Ratios:
Our goal is to gain a better understanding of BIVI by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 26.34M and an Enterprise Value of 16.38M.
Stock Price History:
Over the past 52 weeks, BIVI has reached a high of $8.69, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is 0.9092, while the 200-Day Moving Average is calculated to be 2.7022.
Shares Statistics:
The stock has traded on average 2.49M shares per day over the past 3-months and 1.03M shares per day over the last 10 days, according to various share statistics. 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 3.90% stake in the company. Shares short for BIVI as of Mar 15, 2024 were 1.54M with a Short Ratio of 0.62, compared to 1.03M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.80% and a Short% of Float of 4.90%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. 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.
