Inspire Veterinary Partners (NASDAQ:IVP) Stock Price Down 4.9% – What’s Next?

Inspire Veterinary Partners, Inc. (NASDAQ:IVP) traded down 4.9% on Friday . The company traded as low as $0.23 and last traded at $0.24. 929,782 shares were traded during trading, a decline of 78% from the average session volume of 4,162,761 shares. The stock had previously closed at $0.25.

Inspire Veterinary Partners Trading Down 4.9 %

The stock has a 50-day simple moving average of $0.43 and a two-hundred day simple moving average of $2.67. The firm has a market capitalization of $4.46 million, a P/E ratio of -0.01 and a beta of -2.69. The company has a current ratio of 0.18, a quick ratio of 0.13 and a debt-to-equity ratio of 48.86.

Inspire Veterinary Partners (NASDAQ:IVP) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($0.52) earnings per share (EPS) for the quarter. Inspire Veterinary Partners had a negative net margin of 84.67% and a negative return on equity of 3,040.29%. The company had revenue of $4.39 million during the quarter.

About Inspire Veterinary Partners

Inspire Veterinary Partners, Inc owns and operates veterinary hospitals in the United States. The company specializes in small animal general practice hospitals, which serve companion pets, canine, and feline breeds, including equine care. Its hospitals provide preventive care for companion animals consisting of annual health exams and parasite control; dental health; nutrition and body condition counseling; neurological examinations; radiology; bloodwork; and skin and coat health, and other breed specific preventive care services.