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

Inspire Veterinary Partners, Inc. (NASDAQ:IVP)’s share price dropped 4.9% during trading on Friday . The company traded as low as $0.23 and last traded at $0.24. Approximately 929,782 shares changed hands during mid-day trading, a decline of 78% from the average daily 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 market cap of $4.46 million, a PE ratio of -0.01 and a beta of -2.69. The company has a debt-to-equity ratio of 48.86, a quick ratio of 0.13 and a current ratio of 0.18. The stock has a fifty day moving average price of $0.43 and a 200 day moving average price of $2.67.

Inspire Veterinary Partners (NASDAQ:IVP) last issued 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 return on equity of 3,040.29% and a negative net margin of 84.67%. The business had revenue of $4.39 million for 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.