In the past week, PET stock has gone up by 13.72%, with a monthly gain of 20.07% and a quarterly plunge of -69.03%. The volatility ratio for the week is 15.03%, and the volatility levels for the last 30 days are 13.43% for Wag Group Co The simple moving average for the past 20 days is 13.03% for PET’s stock, with a -76.18% simple moving average for the past 200 days.
Is It Worth Investing in Wag Group Co (NASDAQ: PET) Right Now?
PET has 36-month beta value of 0.82. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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 January 10, 2025 was 2.72M shares.
PET) stock’s latest price update
Wag Group Co (NASDAQ: PET) has experienced a decline in its stock price by -11.58 compared to its previous closing price of 0.31. However, the company has seen a gain of 13.72% in its stock price over the last five trading days. 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 -18.82% 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 -89.03% of loss for the given period.
Volatility was left at 13.43%, however, over the last 30 days, the volatility rate increased by 15.03%, as shares surge +12.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -66.63% lower at present.
During the last 5 trading sessions, PET rose by +13.72%, which changed the moving average for the period of 200-days by -86.45% in comparison to the 20-day moving average, which settled at $0.2398. In addition, Wag Group Co saw 13.72% in overturn over a single year, with a tendency to cut further gains.
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 0.33. 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
To put it simply, Wag Group Co (PET) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
