Inspire Veterinary Partners Inc (IVP): Choosing The Technical Investor Route

Inspire Veterinary Partners Inc (NASDAQ:IVP) does about 10.44M shares in volume on a normal day but saw 2834171 shares change hands in the recent trading day. The company now has a market cap of 6.87M USD. Its current market price is $0.21, marking a decrease of -7.39% compared to the previous close of $0.23. The 52 week high reached by this stock is $90.00 whilst the lowest price level in 52 weeks is $0.22.

Inspire Veterinary Partners Inc (IVP) has a 20-day trading average at $0.2592 and the current price is -99.77% off the 52-week high compared with -2.74% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3993 and its 200-day simple moving average is $3.8742. If we look at the stock’s price movements over the week, volatility stands at 10.88%, which increases to 12.74% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 31.45 to suggest the stock is neutral.

The current price level is -19.30%, -47.60%, and -94.60% away from its SMA20, SMA50, and SMA200 respectively, with the IVP price moving above the 50-day SMA on current market day. Inspire Veterinary Partners Inc (IVP) stock is down -16.32% over the week and -36.61% over the past month. Its price is -99.39% year-to-date and -99.56% over the past year.

The company has a return on investment of -96.29% and return on equity of -502.92%. The beta has a value of -2.66. Price to book ratio is 1.19 and price to sales ratio is 0.40.