In the past week, PET stock has gone down by -69.85%, with a monthly decline of -77.59% and a quarterly plunge of -80.43%. The volatility ratio for the week is 13.04%, and the volatility levels for the last 30 days are 8.33% for Wag Group Co The simple moving average for the last 20 days is -74.24% for PET stock, with a simple moving average of -87.66% for the last 200 days.
Is It Worth Investing in Wag Group Co (NASDAQ: PET) Right Now?
Moreover, the 36-month beta value for PET is 1.24. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for PET is 22.85M and currently, short sellers hold a 6.67% of that float. On November 13, 2024, PET’s average trading volume was 135.28K shares.
PET) stock’s latest price update
Wag Group Co (NASDAQ: PET) has seen a decline in its stock price by -72.25 in relation to its previous close of 0.66. However, the company has experienced a -69.85% decline in its stock price over the last five trading sessions. zacks.com reported 2024-11-13 that Wag! Group Co. (PET) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.06 per share a year ago.
Analysts’ Opinion of PET
Many brokerage firms have already submitted their reports for PET stocks, with Lake Street repeating the rating for PET by listing it as a “Buy.” The predicted price for PET in the upcoming period, according to Lake Street is $4 based on the research report published on May 30, 2024 of the current year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see PET reach a price target of $5. The rating they have provided for PET stocks is “Outperform” according to the report published on November 22nd, 2022.
ROTH Capital gave a rating of “Buy” to PET, setting the target price at $5 in the report published on October 17th of the previous year.
PET Trading at -76.72% from the 50-Day Moving Average
After a stumble in the market that brought PET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.63% of loss for the given period.
Volatility was left at 8.33%, however, over the last 30 days, the volatility rate increased by 13.04%, as shares sank -75.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -76.13% lower at present.
During the last 5 trading sessions, PET fell by -66.87%, which changed the moving average for the period of 200-days by -90.05% in comparison to the 20-day moving average, which settled at $0.7074. In addition, Wag Group Co saw -89.61% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PET starting from SZABO JOHN P JR, who purchase 138,481 shares at the price of $0.99 back on Sep 20 ’24. After this action, SZABO JOHN P JR now owns 3,200,000 shares of Wag Group Co, valued at $137,096 using the latest closing price.
SZABO JOHN P JR, the 10% Owner of Wag Group Co, purchase 61,519 shares at $0.82 during a trade that took place back on Sep 19 ’24, which means that SZABO JOHN P JR is holding 3,061,519 shares at $50,470 based on the most recent closing price.
Stock Fundamentals for PET
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.92 for the gross margin
The net margin for Wag Group Co stands at -0.14. The total capital return value is set at -0.23. Equity return is now at value -745.81, with -28.79 for asset returns.
Based on Wag Group Co (PET), the company’s capital structure generated 1.08 points at debt to capital in total, while cash flow to debt ratio is standing at -0.26. The debt to equity ratio resting at -13.41. The interest coverage ratio of the stock is -0.69.
Currently, EBITDA for the company is -4.69 million with net debt to EBITDA at -5.04. When we switch over and look at the enterprise to sales, we see a ratio of 0.29. The receivables turnover for the company is 11.36for trailing twelve months and the total asset turnover is 2.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
Conclusion
To wrap up, the performance of Wag Group Co (PET) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
