Market Insights: Inspire Veterinary Partners Inc. (IVP)’s Notable Drop of -8.87, Closing at 10.28

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As of close of business last night, Inspire Veterinary Partners Inc.’s stock clocked out at $10.28, down -8.87% from its previous closing price of $11.28. In other words, the price has decreased by -$8.87 from its previous closing price. On the day, 1.4 million shares were traded. IVP stock price reached its highest trading level at $10.95 during the session, while it also had its lowest trading level at $9.56.

Ratios:

To gain a deeper understanding of IVP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 70.93 whereas as Long-Term Debt/Eq ratio is at 54.33.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future 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 10248625 and an Enterprise Value of 27110448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 29.77. Its current Enterprise Value per Revenue stands at 1.574 whereas that against EBITDA is -3.893.

Stock Price History:

Over the past 52 weeks, IVP has reached a high of $410.00, while it has fallen to a 52-week low of $1.23. The 50-Day Moving Average of the stock is 245.81%, while the 200-Day Moving Average is calculated to be -64.73%.

Shares Statistics:

It appears that IVP traded 3.34M shares on average per day over the past three months and 17715740 shares per day over the past ten days. Insiders hold about 4.58% of the company’s shares, while institutions hold 1.24% stake in the company. Shares short for IVP as of 1719532800 were 375946 with a Short Ratio of 0.11, compared to 1717113600 on 117236. Therefore, it implies a Short% of Shares Outstanding of 375946 and a Short% of Float of 39.290002.

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