Wag Group Co [NASDAQ: PET] gained 47084988% on the last trading session, reaching $4730000.0 price per share at the time.
If compared to the average trading volume of 4.73M shares, PET reached a trading volume of 47084988 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 $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.
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 -7.42. With this latest performance, PET shares dropped by -18.97% in over the last four-week period, additionally sinking by -45.24% over the last 6 months – not to mention a drop of -53.92% in the past year of trading.
Wag Group Co [PET]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Wag Group Co [PET] shares currently have an operating margin of -19.36% and a Gross Margin at 87.86%. Wag Group Co’s Net Margin is presently recorded at -29.17%.
Return on Equity for this stock declined to -52.33%, with Return on Assets sitting at -52.33%.
An analysis of Institutional ownership at Wag Group Co [PET]
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%.
