Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Inspire Veterinary Partners Inc’s current trading price is -99.58% away from its 52-week high, while its distance from the 52-week low is 25.13%. The stock’s price range during this period has varied between $0.17 and $50.00. The company, active in the Consumer Cyclical sector, saw a trading volume of around 30.8 million for the day, considerably higher average daily volume of 9.86 million observed over the last three months.
Inspire Veterinary Partners Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $50.00 on 01/26/24, and the lowest price during that time was $0.17, recorded on 12/23/24.
How Financial Performance Impacts Market Capitalization
Inspire Veterinary Partners Inc (IVP) has experienced a quarterly decline of -24.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.06M and boasts a workforce of 156 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7204, with a change in price of -4.1894. Similarly, Inspire Veterinary Partners Inc recorded 7,978,295 in trading volume during the last 100 days, posting a change of -95.21%.
How IVP’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for IVP stands at 5.61. Similarly, the long-term debt-to-equity ratio is also 4.07.
IVP Stock Stochastic Average
As of today, the raw stochastic average of Inspire Veterinary Partners Inc over the last 50 days is at 22.09%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 50.30%. Further, the company’s Stochastic %K and %D values for the last 20 days were 40.98% and 34.40%, respectively.
IVP Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 9.97%. However, over the last six months, the performance has been stronger by -85.87%. The price of IVP decreased -0.19% over the last 30 days. And in the last five days, it has surged by 13.23%.