Inspire Veterinary Partners Stock Set to Reverse Split on Wednesday, May 8th (NASDAQ:IVP)

Inspire Veterinary Partners, Inc. (NASDAQ:IVP)’s stock is set to reverse split before the market opens on Wednesday, May 8th. The 1-100 reverse split was announced on Wednesday, May 8th. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, May 8th.

Inspire Veterinary Partners Price Performance

Inspire Veterinary Partners stock remained flat at $0.04 during midday trading on Monday. 19,472,513 shares of the company were exchanged, compared to its average volume of 14,210,604. Inspire Veterinary Partners has a 12 month low of $0.03 and a 12 month high of $4.10. The company’s 50 day simple moving average is $0.05 and its 200 day simple moving average is $0.29.

Inspire Veterinary Partners (NASDAQ:IVP) last posted its quarterly earnings data on Monday, April 8th. The company reported ($0.35) EPS for the quarter. The company had revenue of $3.78 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of IVP. Kestra Advisory Services LLC purchased a new stake in Inspire Veterinary Partners in the 3rd quarter worth approximately $45,000. Executive Wealth Management LLC bought a new stake in shares of Inspire Veterinary Partners during the 3rd quarter valued at $94,000. Finally, Hohimer Wealth Management LLC purchased a new position in shares of Inspire Veterinary Partners in the third quarter valued at about $196,000. Hedge funds and other 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.