Inspire Veterinary Partners Inc (NASDAQ: IVP) Recovers 22.52% From 52-Week Low, Is IVP Still A High-Risk, High-Reward Play?

Inspire Veterinary Partners Inc (NASDAQ:IVP) currently has a daily average trading volume of 9.48M but it saw 35736815 shares traded in last market. With a market cap of 6.77M USD, the company’s current market price of $0.21 came rising about 7.68 while comparing to the previous closing price of $0.19. 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 $0.1875 while lowest mark touched by it was $0.238.

Taking a look at 20-day trading activity of Inspire Veterinary Partners Inc (IVP) gives us an average price of $0.1976, while its current price level is -99.59% below from 52-week high level whereas it is 22.52% 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 $0.2288 while that of 200 days or SMA-200 reads an average of $2.5782. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.35% during that period while stretching the period over a month that decreases to 11.21%. 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 46.93 which implies that the stock is in neutral territory.

Over the week, IVP’s stock price is moving 17.56% up while it is -4.98% when we observe its performance for the past one month. Year-to-date it is 7.68% up and over the past year, the stock is showing a downside performance of -99.43%.

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 -2.35. Stock has a price to book (P/B) ratio of 1.17 while price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is -66.10% on average.