Inspire Veterinary Partners (NASDAQ:IVP) Trading Down 5.7% – Should You Sell?

Shares of Inspire Veterinary Partners, Inc. (NASDAQ:IVP) dropped 5.7% during trading on Tuesday . The company traded as low as $0.21 and last traded at $0.21. Approximately 804,609 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 3,988,527 shares. The stock had previously closed at $0.22.

Inspire Veterinary Partners Stock Performance

The company has a debt-to-equity ratio of 3.60, a quick ratio of 0.55 and a current ratio of 0.63. The company has a market cap of $6.00 million, a P/E ratio of 0.00 and a beta of -2.70. The stock’s fifty day moving average price is $0.25 and its two-hundred day moving average price is $2.29.

About Inspire Veterinary Partners

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.