Wag Group Co [NASDAQ: PET] stock went on an upward path that rose over 17.59% on Wednesday, amounting to a one-week price decrease of less than -10.33%.
Over the last 12 months, PET stock dropped by -94.77%. The one-year Wag Group Co stock forecast points to a potential upside of 78.0. The average equity rating for PET stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $5.60 million, with 50.26 million shares outstanding and 24.64 million shares in the current float. Compared to the average trading volume of 564.22K shares, PET stock reached a trading volume of 19251235 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $0.50 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 3.00. 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.
Craig Hallum have made an estimate for Wag Group Co shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 14, 2024. While these analysts kept the previous recommendation, Lake Street raised their target price to Buy. The new note on the price target was released on May 30, 2024, representing the official price target for Wag Group Co stock. Previously, the target price had yet another raise to $5, while Oppenheimer analysts kept a Outperform rating on PET stock.
The Average True Range (ATR) for Wag Group Co is set at 0.02, with the Price to Sales ratio for PET stock in the period of the last 12 months amounting to 0.08.
PET Stock Performance Analysis:
Wag Group Co [PET] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.33. With this latest performance, PET shares dropped by -43.72% in over the last four-week period, additionally sinking by -86.57% over the last 6 months – not to mention a drop of -94.77% 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 35.28, with the RSI for the last a single of trading hit 37.78, and the three-weeks RSI is set at 35.33 for Wag Group Co [PET]. The present Moving Average for the last 50 days of trading for this stock 0.2142, while it was recorded at 0.1061 for the last single week of trading, and 0.5531 for the last 200 days.
Insight into Wag Group Co Fundamentals:
Wag Group Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.51 and a Current Ratio set at 0.51.
Wag Group Co [PET] Institutonal Ownership Details
There are presently around $51.94%, or 59.11%% of PET stock, in the hands of institutional investors. The top three institutional holders of PET stocks are: ACME, LLC with ownership of 7.0 million shares, which is approximately 17.1021%. GENERAL CATALYST GROUP MANAGEMENT, LLC, holding 6.98 million shares of the stock with an approximate value of $$11.16 million in PET stocks shares; and GENERAL CATALYST GROUP MANAGEMENT, LLC, currently with $$6.17 million in PET stock with ownership which is approximately 9.4194%.
