The stock of Wag Group Co (PET) has seen a 2.03% increase in the past week, with a 6.03% gain in the past month, and a -75.50% decrease in the past quarter. The volatility ratio for the week is 9.46%, and the volatility levels for the past 30 days are at 11.35% for PET. The simple moving average for the last 20 days is -0.56% for PET stock, with a simple moving average of -82.10% for the last 200 days.
Is It Worth Investing in Wag Group Co (NASDAQ: PET) Right Now?
Additionally, the 36-month beta value for PET is 0.90. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for PET is 24.00M and currently, short sellers hold a 12.32% ratio of that float. The average trading volume of PET on December 26, 2024 was 2.51M shares.
PET) stock’s latest price update
The stock price of Wag Group Co (NASDAQ: PET) has plunged by -0.92 when compared to previous closing price of 0.22, but the company has seen a 2.03% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-19 that Considering delayed non-dilutive sources of financing, CARBIOS postpones construction of its Longlaville PET biorecycling plant for 6 to 9 months
Analysts’ Opinion of PET
Lake Street, on the other hand, stated in their research note that they expect to see PET reach a price target of $4. The rating they have provided for PET stocks is “Buy” according to the report published on May 30th, 2024.
Oppenheimer gave a rating of “Outperform” to PET, setting the target price at $5 in the report published on November 22nd of the previous year.
PET Trading at -48.67% 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 -91.24% of loss for the given period.
Volatility was left at 11.35%, however, over the last 30 days, the volatility rate increased by 9.46%, as shares surge +12.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -72.46% lower at present.
During the last 5 trading sessions, PET rose by +5.47%, which changed the moving average for the period of 200-days by -89.15% in comparison to the 20-day moving average, which settled at $0.2179. In addition, Wag Group Co saw -87.65% 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 Smallwood Garrett, who sale 34,746 shares at the price of $0.17 back on Nov 19 ’24. After this action, Smallwood Garrett now owns 1,036,573 shares of Wag Group Co, valued at $5,907 using the latest closing price.
McCarthy Patrick, the Chief Marketing Officer of Wag Group Co, sale 23,105 shares at $0.17 during a trade that took place back on Nov 19 ’24, which means that McCarthy Patrick is holding 699,500 shares at $3,928 based on the most recent closing price.
Stock Fundamentals for PET
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.91 for the gross margin
The net margin for Wag Group Co stands at -0.21. The total capital return value is set at -2.93. Equity return is now at value -515.05, with -40.14 for asset returns.
Based on Wag Group Co (PET), the company’s capital structure generated 0.89 points at debt to capital in total, while cash flow to debt ratio is standing at -0.37. The debt to equity ratio resting at 8.18. The interest coverage ratio of the stock is -1.29.
Currently, EBITDA for the company is -4.69 million with net debt to EBITDA at -1.69. 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 11.72for trailing twelve months and the total asset turnover is 2.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.
Conclusion
In conclusion, Wag Group Co (PET) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
