The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Inspire Veterinary Partners Inc. (NASDAQ: IVP) closed the day trading at $0.04 down -5.92% from the previous closing price of $0.04. In other words, the price has decreased by -$5.92 from its previous closing price. On the day, 10.06 million shares were traded. IVP stock price reached its highest trading level at $0.0427 during the session, while it also had its lowest trading level at $0.039.
Ratios:
For a better understanding of IVP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.10 and its Current Ratio is at 0.18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 20 ’23 when Lawrence Alexander bought 1,000 shares for $0.56 per share. The transaction valued at 562 led to the insider holds 1,000 shares of the business.
Keiser Charles Stith bought 1,800 shares of IVP for $911 on Nov 17 ’23. The Director now owns 24,528 shares after completing the transaction at $0.51 per share. On Nov 16 ’23, another insider, Thomas-Mackey Erinn, who serves as the Director of the company, bought 5,600 shares for $0.53 each. As a result, the insider paid 2,940 and bolstered with 5,600 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IVP now has a Market Capitalization of 3546095 and an Enterprise Value of 21634666. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21. Its current Enterprise Value per Revenue stands at 1.297 whereas that against EBITDA is -3.678.
Stock Price History:
Over the past 52 weeks, IVP has reached a high of $4.10, while it has fallen to a 52-week low of $0.03. The 50-Day Moving Average of the stock is -27.20%, while the 200-Day Moving Average is calculated to be -92.87%.
Shares Statistics:
Over the past 3-months, IVP traded about 15.25M shares per day on average, while over the past 10 days, IVP traded about 15475250 shares per day. A total of 89.32M shares are outstanding, with a floating share count of 83.32M. Insiders hold about 6.72% of the company’s shares, while institutions hold 0.86% stake in the company. Shares short for IVP as of 1713139200 were 3770456 with a Short Ratio of 0.25, compared to 1710460800 on 593636. Therefore, it implies a Short% of Shares Outstanding of 3770456 and a Short% of Float of 4.42.
