BioVie Inc (NASDAQ: BIVI) is -1.50% 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 $2.01 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $1.97, the stock is 0.38% and -14.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -1.99% at the moment leaves the stock -37.89% off its SMA200. BIVI registered -80.87% loss for a year compared to 6-month loss of -14.72%. The firm has a 50-day simple moving average (SMA 50) of $2.3204 and a 200-day simple moving average (SMA200) of $3.186325.
The stock witnessed a -11.66% gain in the last 1 month and extending the period to 3 months gives it a -21.51%, and is 17.96% 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 12.24% over the week and 9.97% over the month.
BioVie Inc (BIVI) has around 14 employees, a market worth around $36.35M and $0.00M in sales. Distance from 52-week low is 89.35% and -94.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-185.93%).
55.0 institutions hold shares in BioVie Inc (BIVI), with institutional investors hold 11.57% of the company’s shares. The shares outstanding are 18.45M, and float is at 15.95M with Short Float at 10.63%. 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.
