BioVie Inc (NASDAQ:BIVI) Currently -1461.32% Below Its 52-Week High, But There May Be A Surprise Downside

In recent trading session, BioVie Inc (NASDAQ:BIVI) saw 0.38 million shares changing hands at last check today with its beta currently measuring 1.05. Company’s recent per share price level of $2.12 trading at -$0.24 or -10.20% at last check today assigns it a market valuation of $39.11M. That most recent trading price of BIVI’s stock is at a discount of -1461.32% from its 52-week high price of $33.10 and is indicating a premium of 50.94% from its 52-week low price of $1.04. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.3 million shares which gives us an average trading volume of 6.29 million if we extend that period to 3-months.

For BioVie Inc (BIVI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

BioVie Inc (NASDAQ:BIVI) trade information

Upright in the red during last session for losing -10.20%, in the last five days BIVI remained trading in the red while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $2.12 price level, adding 17.83% to its value on the day. BioVie Inc’s shares saw a change of 5.96% in year-to-date performance and have moved -2.79% in past 5-day. BioVie Inc (NASDAQ:BIVI) showed a performance of -23.22% in past 30-days. Number of shares sold short was 1.92 million shares which calculate 0.15 days to cover the short interests.

BioVie Inc (NASDAQ:BIVI)’s Major holders

Insiders are in possession of 13.69% of company’s total shares while institution are holding 9.99 percent of that, with stock having share float percentage of 11.57%. Investors also watch the number of corporate investors in a company very closely, which is 9.99% institutions for BioVie Inc that are currently holding shares of the company. ALTIUM CAPITAL MANAGEMENT LP is the top institutional holder at BIVI for having 1.98 million shares of worth $0.79 million. And as of 2024-06-30, it was holding 4.4248 of the company’s outstanding shares.

The second largest institutional holder is SABBY MANAGEMENT, LLC, which was holding about 0.73 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.6362 of outstanding shares, having a total worth of $0.29 million.

On the other hand, Vanguard Total Stock Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 41.51 shares of worth $89244.0 or 0.23% of the total outstanding shares. The later fund manager was in possession of 21.67 shares on Nov 30, 2024, making its stake of worth around $46596.0 in the company or a holder of 0.12% of company’s stock.