In the latest trading session, 0.4 million BioVie Inc (NASDAQ:BIVI) shares changed hands as the company’s beta touched 1.04. With the company’s most recent per share price at $2.02 changed hands at -$0.19 or -8.55% at last look, the market valuation stands at $37.29M. BIVI’s current price is a discount, trading about -1538.61% off its 52-week high of $33.10. The share price had its 52-week low at $1.04, which suggests the last value was 48.51% up since then. When we look at BioVie Inc’s average trading volume, we note the 10-day average is 1.34 million shares, with the 3-month average coming to 6.41 million.
Analysts gave the BioVie Inc (BIVI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BIVI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. BioVie Inc’s EPS for the current quarter is expected to be 0.
BioVie Inc (NASDAQ:BIVI) trade information
Instantly BIVI was in red as seen in intraday trades today. With action -9.37%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 1.05%, with the 5-day performance at -9.37% in the red. However, in the 30-day time frame, BioVie Inc (NASDAQ:BIVI) is -26.78% down. Looking at the short shares, we see there were 1.92 million shares sold at short interest cover period of 0.15 days.
BioVie Inc (BIVI) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.73%. The 2025 estimates are for BioVie Inc earnings to increase by 39.59%.
BIVI Dividends
BioVie Inc is expected to release its next quarterly earnings report in February.
BioVie Inc (NASDAQ:BIVI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 13.69% of BioVie Inc shares while 9.99% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 11.57%. There are 9.99% institutions holding the BioVie Inc stock share, with ALTIUM CAPITAL MANAGEMENT LP the top institutional holder. As of 2024-06-30, the company held 4.4248% of the shares, roughly 1.98 million BIVI shares worth $0.79 million.
SABBY MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 1.6362% or 0.73 million shares worth $0.29 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Fidelity Extended Market Index Fund. With 41.51 shares estimated at $83873.0 under it, the former controlled 0.23% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.12% of the shares, roughly 21.67 shares worth around $43792.0.
