After finishing at $0.05 in the prior trading day, Inspire Veterinary Partners Inc. (NASDAQ: IVP) closed at $0.05, down -5.01%. In other words, the price has decreased by -$0.0024 from its previous closing price. On the day, 4574020 shares were traded.
Ratios:
Our goal is to gain a better understanding of IVP by taking a closer look at its different ratios. 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:
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 1.42M and an Enterprise Value of 15.07M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.14. Its current Enterprise Value per Revenue stands at 0.94 whereas that against EBITDA is -1.68.
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 0.1017, while the 200-Day Moving Average is calculated to be 0.6435.
Shares Statistics:
The stock has traded on average 12.55M shares per day over the past 3-months and 8.69M shares per day over the last 10 days, according to various share statistics. A total of 31.30M shares are outstanding, with a floating share count of 26.65M. Insiders hold about 14.85% of the company’s shares, while institutions hold 2.46% stake in the company. Shares short for IVP as of Mar 15, 2024 were 593.64k with a Short Ratio of 0.05, compared to 55.02k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.90% and a Short% of Float of 2.17%.
