Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The price of BioVie Inc (NASDAQ: BIVI) closed at $2.80 in the last session, up 3.32% from day before closing price of $2.71. In other words, the price has increased by $3.32 from its previous closing price. On the day, 1.1 million shares were traded. BIVI stock price reached its highest trading level at $2.82 during the session, while it also had its lowest trading level at $2.58.
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 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.
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 49750960 and an Enterprise Value of 7486111.
Stock Price History:
Over the past 52 weeks, BIVI has reached a high of $55.20, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 23.22%, while the 200-Day Moving Average is calculated to be -36.14%.
Shares Statistics:
According to the various share statistics, BIVI traded on average about 5.73M shares per day over the past 3-months and 2138870 shares per day over the past 10 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 0.24, compared to 1727654400 on 383126. Therefore, it implies a Short% of Shares Outstanding of 1921578 and a Short% of Float of 12.520000000000001.
