Should You Sell Inspire Veterinary Partners Inc (IVP) And Go Away This Year?

Inspire Veterinary Partners Inc (NASDAQ:IVP) currently has a daily average trading volume of 9.56M but it saw 1089221 shares traded in last market. With a market cap of 6.11M USD, the company’s current market price of $0.19 came rising about 6.04 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $50.00 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.1756 while lowest mark touched by it was $0.1894.

Taking a look at 20-day trading activity of Inspire Veterinary Partners Inc (IVP) gives us an average price of $0.2011, while its current price level is -99.63% below from 52-week high level whereas it is 10.52% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2348 while that of 200 days or SMA-200 reads an average of $2.6730. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.17% during that period while stretching the period over a month that decreases to 10.42%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.65 which implies that the stock is in neutral territory.

Over the week, IVP’s stock price is moving -3.12% down while it is -11.85% when we observe its performance for the past one month. Year-to-date it is -99.46% down and over the past year, the stock is showing a downside performance of -99.47%.

Currently, Inspire Veterinary Partners Inc’s total number of outstanding shares is 32.82M. Company’s return on investment (ROI) stands at -96.29% and return on equity (ROE) at -502.92%. Stock’s beta reads -2.50. Stock has a price to book (P/B) ratio of 1.06 while price to sale or P/S ratio amounts to 0.36. Its return on asset (ROA) is -66.10% on average.