Is BioVie Inc (NASDAQ:BIVI), -1906.06% Away From High, Poised For A Strong Comeback?

In last trading session, BioVie Inc (NASDAQ:BIVI) saw 0.46 million shares changing hands with its beta currently measuring 1.03. Company’s recent per share price level of $1.65 trading at -$0.02 or -1.20% at ring of the bell on the day assigns it a market valuation of $30.44M. That closing price of BIVI’s stock is at a discount of -1906.06% from its 52-week high price of $33.10 and is indicating a premium of 36.97% 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 0.74 million shares which gives us an average trading volume of 1.63 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.

BioVie Inc (NASDAQ:BIVI) trade information

Upright in the red during last session for losing -1.20%, in the last five days BIVI remained trading in the red while hitting it’s week-highest on Monday, 01/27/25 when the stock touched $1.65 price level, adding 13.61% to its value on the day. BioVie Inc’s shares saw a change of -17.50% in year-to-date performance and have moved -14.51% in past 5-day. BioVie Inc (NASDAQ:BIVI) showed a performance of -21.05% in past 30-days. Number of shares sold short was 1.92 million shares which calculate 0.15 days to cover the short interests.

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 5.73% during past 5 years.

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 $68489.0 or 0.23% of the total outstanding shares. The later fund manager was in possession of 21.82 shares on Oct 31, 2024 , making its stake of worth around $35996.0 in the company or a holder of 0.12% of company’s stock.