Wag Group Co [NASDAQ: PET] loss -67.98% or -0.45 points to close at $0.21 with a heavy trading volume of 14300044 shares.
The daily chart for PET points out that the company has recorded -89.81% loss over the past six months.
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If we look at the average trading volume of 135.28K shares, PET reached to a volume of 14300044 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Wag Group Co [PET]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PET shares is $2.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PET stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Lake Street have made an estimate for Wag Group Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 30, 2024. While these analysts kept the previous recommendation, Oppenheimer raised their target price to Outperform. The new note on the price target was released on November 22, 2022, representing the official price target for Wag Group Co stock. Previously, the target price had yet another raise to $5, while ROTH Capital analysts kept a Buy rating on PET stock.
The Average True Range (ATR) for Wag Group Co is set at 0.09, with the Price to Sales ratio for PET stock in the period of the last 12 months amounting to 0.12.
Trading performance analysis for PET stock
Wag Group Co [PET] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -65.21. With this latest performance, PET shares dropped by -74.14% in over the last four-week period, additionally sinking by -89.81% over the last 6 months – not to mention a drop of -88.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PET stock in for the last two-week period is set at 13.17, with the RSI for the last a single of trading hit 8.81, and the three-weeks RSI is set at 17.76 for Wag Group Co [PET]. The present Moving Average for the last 50 days of trading for this stock 0.7824, while it was recorded at 0.5587 for the last single week of trading, and 1.4744 for the last 200 days.
Wag Group Co [PET]: A deeper dive into fundamental analysis
Wag Group Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.44 and a Current Ratio set at 1.44.
An analysis of Institutional ownership at Wag Group Co [PET]
There are presently around $56.54%, or 65.03%% of PET stock, in the hands of institutional investors.