BioVie Inc (NASDAQ: BIVI) is -75.40% lower on its value in year-to-date trading and has touched a low of $1.04 and a high of $33.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BIVI stock was last observed hovering at around $2.80 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $3.10, the stock is 3.79% and 36.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.49 million and changing 10.71% at the moment leaves the stock -28.59% off its SMA200. BIVI registered -82.78% loss for a year compared to 6-month loss of -32.18%. The firm has a 50-day simple moving average (SMA 50) of $2.2719 and a 200-day simple moving average (SMA200) of $4.384825.
The stock witnessed a 13.14% gain in the last 1 month and extending the period to 3 months gives it a 16.10%, and is 1.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.58% over the week and 12.08% over the month.
BioVie Inc (BIVI) has around 14 employees, a market worth around $56.91M and $0.00M in sales. Distance from 52-week low is 197.96% and -90.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-185.93%).
The EPS is expected to grow by 39.59% this year, but quarterly earnings will post 0.00% year-over-year.
BioVie Inc (BIVI) Top Institutional Holders
55.0 institutions hold shares in BioVie Inc (BIVI), with institutional investors hold 11.57% of the company’s shares. The shares outstanding are 7.96M, and float is at 6.90M with Short Float at 19.51%. Institutions hold 9.99% of the Float.
The top institutional shareholder in the company is ALTIUM CAPITAL MANAGEMENT LP with over 1.98 million shares valued at $0.79 million. The investor’s holdings represent 4.4248% of the BIVI Shares outstanding. As of 2024-06-30, the second largest holder is SABBY MANAGEMENT, LLC with 0.73 million shares valued at $0.29 million to account for 1.6362 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.57 million shares representing 1.2687% and valued at over $0.23 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.5171 of the shares totaling 0.23 million with a market value of $92786.0.
BioVie Inc (BIVI) Insider Activity
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