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

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

Inspire Veterinary Partners Stock Performance

Shares of NASDAQ IVP opened at $0.99 on Wednesday. The company has a current ratio of 0.13, a quick ratio of 0.09 and a debt-to-equity ratio of 18.96. The stock has a 50 day simple moving average of $0.91 and a 200-day simple moving average of $1.26. The company has a market cap of $3.58 million, a PE ratio of -0.09 and a beta of -1.05. Inspire Veterinary Partners has a 12-month low of $0.63 and a 12-month high of $24.61.

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

Institutional Investors Weigh In On Inspire Veterinary Partners

An institutional investor recently bought a new position in Inspire Veterinary Partners stock. Armistice Capital LLC bought a new position in shares of Inspire Veterinary Partners, Inc. (NASDAQ:IVP) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (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. 4.76% of the stock is owned by hedge funds and other institutional investors.

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.