Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, BioVie Inc (NASDAQ: BIVI) closed at $0.49 down -0.39% from its previous closing price of $0.49. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 0.53 million shares were traded. BIVI stock price reached its highest trading level at $0.505 during the session, while it also had its lowest trading level at $0.48.
Ratios:
For a deeper understanding of BioVie Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 26720818 and an Enterprise Value of 9420620.
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 $0.44. The 50-Day Moving Average of the stock is -40.02%, while the 200-Day Moving Average is calculated to be -80.57%.
Shares Statistics:
For the past three months, BIVI has traded an average of 2.59M shares per day and 888100 over the past ten days. A total of 36.43M shares are outstanding, with a floating share count of 33.20M. Insiders hold about 39.55% of the company’s shares, while institutions hold 3.90% stake in the company. Shares short for BIVI as of 1711584000 were 1478650 with a Short Ratio of 0.57, compared to 1709164800 on 1019076. Therefore, it implies a Short% of Shares Outstanding of 1478650 and a Short% of Float of 4.71.
Earnings Estimates
The company has WisdomTree International AI Enh analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $10.91, with high estimates of $26.50 and low estimates of $72.63.
