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After finishing at $0.45 in the prior trading day, BioVie Inc (NASDAQ: BIVI) closed at $0.40, down -10.22%. In other words, the price has decreased by -$10.22 from its previous closing price. On the day, 1.36 million shares were traded. BIVI stock price reached its highest trading level at $0.443 during the session, while it also had its lowest trading level at $0.4005.
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 2.45 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 0.44 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:
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 24496782 and an Enterprise Value of 2484563.
Stock Price History:
Over the past 52 weeks, BIVI has reached a high of $5.82, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -15.90%, while the 200-Day Moving Average is calculated to be -75.44%.
Shares Statistics:
The stock has traded on average 600.90K shares per day over the past 3-months and 673410 shares per day over the last 10 days, according to various share statistics. A total of 61.17M shares are outstanding, with a floating share count of 37.35M. Insiders hold about 38.94% of the company’s shares, while institutions hold 10.97% stake in the company. Shares short for BIVI as of 1718323200 were 1132159 with a Short Ratio of 1.88, compared to 1715731200 on 1089737. Therefore, it implies a Short% of Shares Outstanding of 1132159 and a Short% of Float of 3.04.
