Inspire Veterinary Partners Inc. (IVP)’s liquidity ratios and what they mean

The price of Inspire Veterinary Partners Inc. (NASDAQ: IVP) closed at $0.05 in the last session, up 13.76% from day before closing price of $0.05. In other words, the price has increased by $+0.0064 from its previous closing price. On the day, 39333763 shares were traded.

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 0.10 and its Current Ratio is at 0.18.

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 1.44M and an Enterprise Value of 15.09M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 0.94 whereas that against EBITDA is -1.69.

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 0.0909, while the 200-Day Moving Average is calculated to be 0.5630.

Shares Statistics:

According to the various share statistics, IVP traded on average about 14.90M shares per day over the past 3-months and 20.43M shares per day over the past 10 days. 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 0.04, 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%.

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