Inspire Veterinary Partners Inc [IVP] Stock trading around $0.13 per share: What’s Next?

MRKR Stock

Inspire Veterinary Partners Inc [NASDAQ: IVP] stock went on a downward path that fall over -18.19% on Thursday, amounting to a one-week price decrease of less than -18.51%.

Over the last 12 months, IVP stock dropped by -99.21%.

The market cap for the stock reached $4.12 million, with 32.82 million shares outstanding and 28.93 million shares in the current float. Compared to the average trading volume of 3.35M shares, IVP stock reached a trading volume of 4773235 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Inspire Veterinary Partners Inc [IVP]:

The Average True Range (ATR) for Inspire Veterinary Partners Inc is set at 0.02, with the Price to Sales ratio for IVP stock in the period of the last 12 months amounting to 0.24. The Price to Book ratio for the last quarter was 0.71, with the Price to Cash per share for the same quarter was set at 0.02.

IVP Stock Performance Analysis:

Inspire Veterinary Partners Inc [IVP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.51. With this latest performance, IVP shares dropped by -32.89% in over the last four-week period, additionally sinking by -97.55% over the last 6 months – not to mention a drop of -99.21% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IVP stock in for the last two-week period is set at 26.55, with the RSI for the last a single of trading hit 20.12, and the three-weeks RSI is set at 32.52 for Inspire Veterinary Partners Inc [IVP]. The present Moving Average for the last 50 days of trading for this stock 0.1994, while it was recorded at 0.1494 for the last single week of trading, and 2.2801 for the last 200 days.

Insight into Inspire Veterinary Partners Inc Fundamentals:

Inspire Veterinary Partners Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.55 and a Current Ratio set at 0.63.

Inspire Veterinary Partners Inc [IVP] Institutonal Ownership Details

There are presently around $0.84%, or 0.84%% of IVP stock, in the hands of institutional investors.