The price of Inspire Veterinary Partners Inc. (NASDAQ: IVP) closed at $0.05 in the last session, down -0.99% from day before closing price of $0.05. In other words, the price has decreased by -$0.0005 from its previous closing price. On the day, 4277099 shares were traded. IVP stock price reached its highest trading level at $0.0530 during the session, while it also had its lowest trading level at $0.0476.
Ratios:
We take a closer look at IVP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 5.76 whereas as Long-Term Debt/Eq ratio is at 4.98.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1.56M and an Enterprise Value of 15.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.16. Its current Enterprise Value per Revenue stands at 0.95 whereas that against EBITDA is -1.70.
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 $0.04. The 50-Day Moving Average of the stock is 0.1320, while the 200-Day Moving Average is calculated to be 0.6207.
Shares Statistics:
According to the various share statistics, IVP traded on average about 11.50M shares per day over the past 3-months and 21.06M shares per day over the past 10 days. A total of 6.87M shares are outstanding, with a floating share count of 4.48M. Insiders hold about 47.30% of the company’s shares, while institutions hold 9.07% stake in the company. Shares short for IVP as of Feb 29, 2024 were 511.17k with a Short Ratio of 0.04, compared to 449.65k on Jan 31, 2024.
