BHVN
Biohaven Ltd. Healthcare - Biotechnology Investor Relations →
Biohaven Ltd. (BHVN) closed at $8.93 as of 2026-03-20, trading 65.6% below its 200-week moving average of $25.98. This places BHVN in the extreme value zone. The stock is currently moving closer to the line, down from -63.3% last week. The 14-week RSI sits at 36, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.14 ratio) is neutral — neither side is clearly dominating.
Over the past 134 weeks of data, BHVN has crossed below its 200-week moving average 1 time. On average, these episodes lasted 55 weeks.
With a market cap of $1343 million, BHVN is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -310.8%. The stock trades at 22.8x book value.
Share count has increased 94.7% over three years, indicating dilution.
Over the past 2.7 years, a hypothetical investment of $100 in BHVN would have grown to $47, compared to $149 for the S&P 500. BHVN has returned -24.6% annualized vs 16.2% for the index, underperforming the broader market over this period.
In the past 12 months, corporate insiders have made 4 open-market purchases totaling $33,144,763. Multiple insiders purchased within a 30-day window — a cluster buy pattern that historically signals management confidence in the company's prospects. Notably, these purchases occurred while BHVN is trading below its 200-week moving average — insiders are buying when the market is most pessimistic.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: BHVN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BHVN Crosses Below the Line?
Across 1 historical episodes, buying BHVN when it crossed below its 200-week moving average produced an average return of -52.0% after 12 months (median -52.0%), compared to +18.0% for the S&P 500 over the same periods.
Each line shows $100 invested at the moment BHVN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BHVN has crossed below its 200-week MA 1 time
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2025 | Ongoing | 55+ | 70.2% | Ongoing | -70.1% |
Frequently Asked Questions
Is BHVN below its 200-week moving average?
Yes. As of 2026-03-20, Biohaven Ltd. (BHVN) is trading 65.6% below its 200-week moving average of $25.98. The current price is $8.93.
What is BHVN's 200-week moving average price?
Biohaven Ltd.'s 200-week moving average is $25.98 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when BHVN drops below its 200-week moving average?
BHVN has crossed below its 200-week moving average 1 time in our data. These episodes lasted 55 weeks on average.
Is BHVN a good value right now?
Here's what our data says about BHVN as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 36. Free cash flow is currently negative. Return on equity is -310.8%. Price-to-book is 22.8x. This is not a buy or sell recommendation — always do your own research.
How does BHVN compare to the S&P 500?
Over the past 2.7 years, $100 invested in BHVN would have grown to $47, compared to $149 for the S&P 500. That's -24.6% annualized vs 16.2% for the index. BHVN has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20