Weiss Ratings Reaffirms “Sell (E+)” Rating for Inspire Veterinary Partners (NASDAQ:IVP)

Inspire Veterinary Partners (NASDAQ:IVP)‘s stock had its “sell (e+)” rating reiterated by analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Inspire Veterinary Partners Price Performance

NASDAQ IVP opened at $0.99 on Wednesday. The stock has a market capitalization of $3.58 million, a P/E ratio of -0.09 and a beta of -1.05. Inspire Veterinary Partners has a 1 year low of $0.63 and a 1 year high of $24.61. The business’s fifty day moving average is $0.91 and its two-hundred day moving average is $1.26. The company has a debt-to-equity ratio of 18.96, a quick ratio of 0.09 and a current ratio of 0.13.

Inspire Veterinary Partners (NASDAQ:IVP) last announced its earnings results on Wednesday, August 13th. The company reported ($0.50) earnings per share (EPS) for the quarter. Inspire Veterinary Partners had a negative net margin of 84.39% and a negative return on equity of 641.93%. The firm had revenue of $4.28 million for the quarter.

Institutional Trading of Inspire Veterinary Partners

An institutional investor recently bought a new position in Inspire Veterinary Partners stock. Armistice Capital LLC bought a new stake in shares of Inspire Veterinary Partners, Inc. (NASDAQ:IVP) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 202,896 shares of the company’s stock, valued at approximately $347,000. Armistice Capital LLC owned 9.57% of Inspire Veterinary Partners as of its most recent SEC filing. Institutional investors own 4.76% of the company’s stock.

Inspire Veterinary Partners Company Profile

Inspire Veterinary Partners, Inc owns and operates veterinary hospitals in the United States. The company specializes in small animal general practice hospitals, which serve companion pets, canine, and feline breeds, including equine care. Its hospitals provide preventive care for companion animals consisting of annual health exams and parasite control; dental health; nutrition and body condition counseling; neurological examinations; radiology; bloodwork; and skin and coat health, and other breed specific preventive care services.