BioVie Inc (NASDAQ:BIVI) At $0.49: What To Do?

In last trading session, BioVie Inc (NASDAQ:BIVI) saw 0.41 million shares changing hands with its beta currently measuring 1.22. Company’s recent per share price level of $0.49 trading at -$0.01 or -1.90% at ring of the bell on the day assigns it a market valuation of $26.93M. That closing price of BIVI’s stock is at a discount of -1673.47% from its 52-week high price of $8.69 and is indicating a premium of 10.2% from its 52-week low price of $0.44. Taking a look at company’s average trading volume volume of 2.66 million if we extend that period to 3-months.

BioVie Inc (NASDAQ:BIVI) trade information

Upright in the red during last session for losing -1.90%, in the last five days BIVI remained trading in the green while hitting it’s week-highest on Tuesday, 04/30/24 when the stock touched $0.49 price level, adding 4.84% to its value on the day. BioVie Inc’s shares saw a change of -61.08% in year-to-date performance and have moved 1.16% in past 5-day. BioVie Inc (NASDAQ:BIVI) showed a performance of -0.16% in past 30-days.

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BioVie Inc (BIVI) estimates and forecasts

Statistics highlight that BioVie Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -89.34% of value to its shares in past 6 months, showing an annual growth rate of 35.48% while that of industry is 11.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 16.23% during past 5 years.

BIVI Dividends

BioVie Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.