What is IVP’s price-to-sales ratio telling us about the company’s value?

In the current trading session, Inspire Veterinary Partners Inc.’s (IVP) stock is trading at the price of $0.05, a fall of -2.19% over last night’s close. So, the stock is trading at a price that is -98.86% less than its 52-week high of $4.10 and 37.79% better than its 52-week low of $0.03. Based on the past 30-day period, the stock price is -45.29% below the high and +36.76% above the low.

It is also essential to consider IVP stock ratios like the price-to-sales ratio, which is 0.09 for the last year.IVP’s price to book ratio for the most recent quarter was 0.15, resulting in an 0.75 price to cash per share for the period.

How does Inspire Veterinary Partners Inc. (IVP) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.

Inspire Veterinary Partners Inc. (NASDAQ: IVP) Ownership Details

I will give a breakdown of the key shareholders in Inspire Veterinary Partners Inc. (IVP). Recent figures show that the company’s insiders hold 1.70% of shares. A total of 11 institutional investors hold shares in the company, making 2.81% of its stock and 2.86% of its float.

Sep 29, 2023, it was reported that the Company’s largest institutional holder is Bartlett & Co. holding total of 0.15 million shares that make 3.45% of the company’s total number of shares and are currently priced at 0.2 million.

An overview of Inspire Veterinary Partners Inc.’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Inspire Veterinary Partners Inc. (IVP) traded 16,004,798 shares per day, with a moving average of $0.0480 and price change of -0.0090. With the moving average of $0.0908 and a price change of -0.1416, about 17,403,859 shares changed hands on average over the past 50 days. Finally, IVP’s 100-day average volume is 9,168,209 shares, alongside a moving average of $0.2313 and a price change of -0.4785.

Related Posts