Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Inspire Veterinary Partners Inc. shares valued at $562 were purchased by Lawrence Alexander on Nov 20 ’23. At $0.56 per share, Lawrence Alexander acquired 1,000 shares. The insider’s holdings grew to 1,000 shares worth approximately $50.0 following the completion of this transaction.
Also, Keiser Charles Stith purchased 1,800 shares, netting a total of over 911 in proceeds. Following the buying of shares at $0.51 each, the insider now holds 24,528 shares.
Before that, Thomas-Mackey Erinn had added 5,600 shares to its account. In a trade valued at $2,940, the Director bought Inspire Veterinary Partners Inc. shares for $0.53 each. Upon closing the transaction, the insider’s holdings increased to 5,600 shares, worth approximately $280.0.
Analyzing IVP Stock Performance
During the last five days, there has been a surge of approximately 6.69%. Over the course of the year, Inspire Veterinary Partners Inc. shares have dropped approximately -84.74%. Nevertheless, trading volume fell to 13.21 million shares from 39.86 million shares the previous day.
Support And Resistance Levels for Inspire Veterinary Partners Inc. (IVP)
According to the 24-hour chart, there is a support level at 0.0485, which, if violated, would cause prices to drop to 0.0443. In the upper region, resistance lies at 0.0563. The next price resistance is at 0.0599. RSI (Relative Strength Index) is 40.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0022, which suggests the price will decrease in the coming days. Percent R is at 32.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
Is Inspire Veterinary Partners Inc. subject to short interest?
Stocks of Inspire Veterinary Partners Inc. saw a sharp rise in short interest on Mar 28, 2024 jumping by 0.1 million shares to 0.61 million. Data from Yahoo Finance shows that the short interest on Feb 29, 2024 was 0.51 million shares. A jump of 16.56% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.04 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.04.
