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

Inspire Veterinary Partners, Inc. (NASDAQ:IVP) shares are going 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 trading hours on Monday. The company’s stock had a trading volume of 19,472,513 shares, 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 fifty 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 results on Monday, April 8th. The company reported ($0.35) earnings per share for the quarter. The business had revenue of $3.78 million for the quarter.

Institutional Trading of Inspire Veterinary Partners

Several hedge funds have recently modified their holdings of IVP. Hohimer Wealth Management LLC acquired a new stake in shares of Inspire Veterinary Partners in the third quarter valued at $196,000. Kestra Advisory Services LLC acquired a new stake in Inspire Veterinary Partners in the 3rd quarter valued at about $45,000. Finally, Executive Wealth Management LLC bought a new position in shares of Inspire Veterinary Partners in the third quarter worth about $94,000. Institutional investors and hedge funds own 4.76% of the company’s stock.

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.