On Monday, BioVie Inc (NASDAQ: BIVI) opened higher 8.73% from the last session, before settling in for the closing price of $2.75. Price fluctuations for BIVI have ranged from $1.04 to $58.20 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 39.59% at the time writing. With a float of $5.48 million, this company’s outstanding shares have now reached $6.19 million.
Let’s determine the extent of company efficiency that accounts for 14 employees. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
BioVie Inc (BIVI) Insider Activity
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of BioVie Inc is 31.32%, while institutional ownership is 21.60%. The most recent insider transaction that took place on Dec 01 ’23, was worth 127,899. In this transaction Director of this company sold 75,680 shares at a rate of $1.69, taking the stock ownership to the 46,358 shares. Before that another transaction happened on Nov 30 ’23, when Company’s President & CEO bought 10,000 for $1.78, making the entire transaction worth $17,800. This insider now owns 68,759 shares in total.
BioVie Inc (BIVI) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted -4.3 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -3.55) by -0.75. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.59% per share during the next fiscal year.
BioVie Inc (NASDAQ: BIVI) Trading Performance Indicators
Check out the current performance indicators for BioVie Inc (BIVI). In the past quarter, the stock posted a quick ratio of 2.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.91
Technical Analysis of BioVie Inc (BIVI)
Looking closely at BioVie Inc (NASDAQ: BIVI), its last 5-days average volume was 2.72 million, which is a jump from its year-to-date volume of 1.64 million. As of the previous 9 days, the stock’s Stochastic %D was 62.86%. Additionally, its Average True Range was 0.51.
During the past 100 days, BioVie Inc’s (BIVI) raw stochastic average was set at 30.18%, which indicates a significant decrease from 30.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 152.98% in the past 14 days, which was lower than the 222.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.19, while its 200-day Moving Average is $4.89. However, in the short run, BioVie Inc’s stock first resistance to watch stands at $3.16. Second resistance stands at $3.32. The third major resistance level sits at $3.57. If the price goes on to break the first support level at $2.75, it is likely to go to the next support level at $2.50. Should the price break the second support level, the third support level stands at $2.34.
BioVie Inc (NASDAQ: BIVI) Key Stats
There are currently 9,335K shares outstanding in the company with a market cap of 55.11 million. Presently, the company’s annual sales total 0 K according to its annual income of -32,120 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -4,940 K.
