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The closing price of BioVie Inc (NASDAQ: BIVI) was $3.05 for the day, down -1.93% from the previous closing price of $3.11. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 2.15 million shares were traded. BIVI stock price reached its highest trading level at $3.19 during the session, while it also had its lowest trading level at $3.01.
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 2.95 and its Current Ratio is at 2.95. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.02.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
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 54193008 and an Enterprise Value of 7486111.
Stock Price History:
Over the past 52 weeks, BIVI has reached a high of $58.20, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 33.68%, while the 200-Day Moving Average is calculated to be -33.06%.
Shares Statistics:
BIVI traded an average of 5.53M shares per day over the past three months and 3183880 shares per day over the past ten days. A total of 7.98M shares are outstanding, with a floating share count of 6.90M. Insiders hold about 13.57% of the company’s shares, while institutions hold 17.82% stake in the company. Shares short for BIVI as of 1730332800 were 1921578 with a Short Ratio of 0.35, compared to 1727654400 on 383126. Therefore, it implies a Short% of Shares Outstanding of 1921578 and a Short% of Float of 12.520000000000001.
