BIVI Stock Summary and Trading Ideas (Biovie | NASDAQ:BIVI)

BioVie Inc is a clinical-stage company developing drug therapies to treat chronic debilitating conditions including liver disease and neurological and neuro-degenerative disorders and certain cancers. The Company is conducting a potentially pivotal Phase 3 randomized, double-blind, placebo-controlled, parallel-group, multicenter study to evaluate NE3107 in patients who have mild to moderate Alzheimer's disease. BIV201 has the potential to improve the health of thousands of patients suffering from life-threatening complications of liver cirrhosis due to hepatitis, non-alcoholic steatohepatitis and alcoholism.

Biovie trades on the NASDAQ stock market under the symbol BIVI.

As of March 12, 2025, BIVI stock price climbed to $1.05 with 204,422 million shares trading.

BIVI has a beta of 2.72, meaning it tends to be more sensitive to market movements. BIVI has a correlation of 0.04 to the broad based SPY ETF.

BIVI has a market cap of $19.37 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, BIVI traded as high as $143.80 and as low as $1.02.

The top ETF exchange traded funds that BIVI belongs to (by Net Assets): VTI, VXF.

BIVI has underperformed the market in the last year with a price return of -84.2% while the SPY ETF gained +9.5%. BIVI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -59.5% and -26.6%, respectively, while the SPY returned -7.2% and -6.0%, respectively.

BIVI support price is $.97 and resistance is $1.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BIVI shares will trade within this expected range on the day.