The stock of Dogness (International) Corp (NASDAQ: DOGZ) has increased by 21.48 when compared to last closing price of 25.05.Despite this, the company has seen a gain of 20.99% in its stock price over the last five trading days. prnewswire.com reported 2024-10-16 that PLANO, Texas, Oct. 16, 2024 /PRNewswire/ — Dogness (International) Corporation (“Dogness” or the “Company”) (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced its financial results for the fiscal year ended June 30, 2024. Silong Chen, Chief Executive Officer of Dogness, commented: “We continue to face challenges due to intense competition in the domestic market and the ongoing trade dispute between China and the United States, which are impacting and will likely continue impacting our domestic and export sales in the near future.
Is It Worth Investing in Dogness (International) Corp (NASDAQ: DOGZ) Right Now?
The 36-month beta value for DOGZ is at 1.20. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DOGZ is 1.66M, and currently, shorts hold a 18.15% of that float. The average trading volume for DOGZ on January 31, 2025 was 212.65K shares.
DOGZ’s Market Performance
DOGZ’s stock has seen a 20.99% increase for the week, with a -29.18% drop in the past month and a -35.01% fall in the past quarter. The volatility ratio for the week is 20.01%, and the volatility levels for the past 30 days are at 35.45% for Dogness (International) Corp The simple moving average for the past 20 days is -12.72% for DOGZ’s stock, with a 13.35% simple moving average for the past 200 days.
DOGZ Trading at -28.12% 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 -47.98% of loss for the given period.
Volatility was left at 35.45%, however, over the last 30 days, the volatility rate increased by 20.01%, as shares sank -32.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.15% lower at present.
During the last 5 trading sessions, DOGZ rose by +20.99%, which changed the moving average for the period of 200-days by +323.23% in comparison to the 20-day moving average, which settled at $34.87. In addition, Dogness (International) Corp saw -33.11% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DOGZ
Current profitability levels for the company are sitting at:
- -0.43 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 -0.07. Equity return is now at value -7.93, with -6.15 for asset returns.
Based on Dogness (International) Corp (DOGZ), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is -68.88.
Currently, EBITDA for the company is -2.39 million with net debt to EBITDA at -3.65. When we switch over and look at the enterprise to sales, we see a ratio of 26.89. The receivables turnover for the company is 5.04for trailing twelve months and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.92.
Conclusion
In conclusion, Dogness (International) Corp (DOGZ) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
