Should You Sell Wag Group Co (PET) And Go Away This Year?

Wag Group Co (NASDAQ:PET) currently has a daily average trading volume of 564.22K but it saw 19251235 shares traded in last market. With a market cap of 4.76M USD, the company’s current market price of $0.11 came rising about 17.59 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.47 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.094 while lowest mark touched by it was $0.1103.

Taking a look at 20-day trading activity of Wag Group Co (PET) gives us an average price of $0.1325, while its current price level is -95.53% below from 52-week high level whereas it is 47.07% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2142 while that of 200 days or SMA-200 reads an average of $0.5531. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.52% during that period while stretching the period over a month that decreases to 20.56%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.28 which implies that the stock is in neutral territory.

Oppenheimer issued its recommendations for the stock as it initiated the price target for the stock is $5.

Over the week, PET’s stock price is moving -10.33% down while it is -43.72% when we observe its performance for the past one month. Year-to-date it is -53.71% down and over the past year, the stock is showing a downside performance of -94.77%.

The company is expected to be releasing its next quarterly report on 2025-Mar-23, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Wag Group Co’s total number of outstanding shares is 50.26M with 12.14% of that held by the insiders while 51.94% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -3036.82%. Stock’s beta reads 1.19. Stock has a price to sale or P/S ratio amounts to 0.07. Its return on asset (ROA) is -46.15% on average.