Dogness (International) Corp (DOGZ) Shares Soar Above 1-Year High

Dogness (International) Corp (NASDAQ: DOGZ) has experienced a rise in its stock price by 21.19 compared to its previous closing price of 6.70. However, the company has seen a gain of 33.77% in its stock price over the last five trading days. InvestorPlace reported 2022-05-06 that It’s a crazy ride right now, but for those of you looking for some high-risk, high-reward prospects, these penny stocks should fit the bill. The post 6 A-Rated Penny Stocks to Buy In May appeared first on InvestorPlace.

Is It Worth Investing in Dogness (International) Corp (NASDAQ: DOGZ) Right Now?

The 36-month beta value for DOGZ is also noteworthy at 1.07. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for DOGZ is 1.63M, and at present, short sellers hold a 4.20% of that float. The average trading volume of DOGZ on April 04, 2024 was 237.60K shares.

DOGZ’s Market Performance

The stock of Dogness (International) Corp (DOGZ) has seen a 33.77% increase in the past week, with a 32.03% rise in the past month, and a -0.61% fall in the past quarter. The volatility ratio for the week is 24.77%, and the volatility levels for the past 30 days are at 18.93% for DOGZ. The simple moving average for the past 20 days is 14.28% for DOGZ’s stock, with a -2.99% simple moving average for the past 200 days.

DOGZ Trading at 48.43% from the 50-Day Moving Average

After a stumble in the market that brought DOGZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.59% of loss for the given period.

Volatility was left at 18.93%, however, over the last 30 days, the volatility rate increased by 24.77%, as shares surge +24.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +155.35% upper at present.

During the last 5 trading sessions, DOGZ rose by +33.77%, which changed the moving average for the period of 200-days by -51.75% in comparison to the 20-day moving average, which settled at $7.19. In addition, Dogness (International) Corp saw 59.53% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for DOGZ

Current profitability levels for the company are sitting at:

  • -0.54 for the present operating margin
  • 0.21 for the gross margin

The net margin for Dogness (International) Corp stands at -0.41. The total capital return value is set at -0.11. Equity return is now at value -8.75, with -7.25 for asset returns.

Based on Dogness (International) Corp (DOGZ), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -0.48. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is -28.86.

Currently, EBITDA for the company is -4.8 million with net debt to EBITDA at -2.68. When we switch over and look at the enterprise to sales, we see a ratio of 1.76. The receivables turnover for the company is 6.16for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.

Conclusion

In summary, Dogness (International) Corp (DOGZ) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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