BioVie Inc (NASDAQ:BIVI) has a beta value of 1.10 and has seen 1.24 million shares traded in the recent trading session. The company, currently valued at $7.98M, closed the recent trade at $1.26 per share which meant it lost -$1.54 on the day or -55.00% during that session. The BIVI stock price is -4519.05% off its 52-week high price of $58.20 and -64.29% below the 52-week low of $2.07. If we look at the company’s 10-day average daily trading volume, we find that it stood at 83460.0 shares traded. The 3-month trading volume is 106.44K shares.
The consensus among analysts is that BioVie Inc (BIVI) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
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BioVie Inc (NASDAQ:BIVI) trade information
Sporting -55.00% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BIVI stock price touched $1.26 or saw a rise of 58.55%. Year-to-date, BioVie Inc shares have moved -90.00%, while the 5-day performance has seen it change -57.29%. Over the past 30 days, the shares of BioVie Inc (NASDAQ:BIVI) have changed -60.99%. Short interest in the company has seen 0.15 million shares shorted with days to cover at 1.0.
BioVie Inc (BIVI) estimates and forecasts
The company’s shares have lost -77.74% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 16.23% over the past 5 years.
BIVI Dividends
BioVie Inc is expected to release its next earnings report on 2024-Feb-13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
BioVie Inc (NASDAQ:BIVI)’s Major holders
Insiders own 39.63% of the company shares, while shares held by institutions stand at 8.33% with a share float percentage of 13.80%. Investors are also buoyed by the number of investors in a company, with BioVie Inc having a total of 66.0 institutions that hold shares in the company. The top two institutional holders are ALTIUM CAPITAL MANAGEMENT LP with over 1.98 million shares worth more than $0.79 million. As of 2024-06-30, ALTIUM CAPITAL MANAGEMENT LP held 4.4248% of shares outstanding.
The other major institutional holder is SABBY MANAGEMENT, LLC, with the holding of over 0.73 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.29 million and represent 1.6362% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Fidelity Extended Market Index Fund. As of Jun 30, 2024, the former fund manager holds about 0.66% shares in the company for having 41.51 shares of worth $52301.0 while later fund manager owns 16.96 shares of worth $21375.0 as of Jul 31, 2024, which makes it owner of about 0.27% of company’s outstanding stock.
