BioVie Inc (NASDAQ: BIVI) is -83.17% 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 $2.49 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $2.12, the stock is -24.73% and -18.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing -14.86% at the moment leaves the stock -43.65% off its SMA200. BIVI registered -85.58% loss for a year compared to 6-month loss of -54.31%. The firm has a 50-day simple moving average (SMA 50) of $2.5919 and a 200-day simple moving average (SMA200) of $3.796875.
The stock witnessed a -37.83% gain in the last 1 month and extending the period to 3 months gives it a -25.09%, and is -21.48% down 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 11.58% over the week and 9.85% over the month.
BioVie Inc (BIVI) has around 14 employees, a market worth around $37.67M and $0.00M in sales. Distance from 52-week low is 103.77% and -93.60% 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.
55.0 institutions hold shares in BioVie Inc (BIVI), with institutional investors hold 11.57% of the company’s shares. The shares outstanding are 17.77M, and float is at 15.36M with Short Float at 11.97%. 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.
