Wag Group Co [NASDAQ: PET] plunged by -$0.07 during the normal trading session on Tuesday and reaching a high of $0.0995 during the day while it closed the day at $0.05.
Wag Group Co stock has also loss -60.39% of its value over the past 7 days. However, PET stock has declined by -71.52% in the 3 months of the year. Over the past six months meanwhile, it has lost -81.40% and lost -96.36% year-on date.
The market cap for PET stock reached $2.38 million, with 50.73 million shares outstanding and 26.28 million shares in the current float. Compared to the average trading volume of 8.57M shares, PET reached a trading volume of 27842467 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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.
PET stock trade performance evaluation
Wag Group Co [PET] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -60.39. With this latest performance, PET shares dropped by -55.33% in over the last four-week period, additionally sinking by -81.40% over the last 6 months – not to mention a drop of -80.32% 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 32.81, with the RSI for the last a single of trading hit 0.0370, and the three-weeks RSI is set at 0.0344 for Wag Group Co [PET]. The present Moving Average for the last 50 days of trading for this stock 0.1403, while it was recorded at 0.1072 for the last single week of trading, and 0.2666 for the last 200 days.
Wag Group Co [PET]: An insightful look at the core fundamentals
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%.
Wag Group Co (PET) Capital Structure & Debt Analysis
Wag Group Co (PET) Efficiency & Liquidity Metrics
Wag Group Co (PET) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Wag Group Co. (PET) effectively leverages its workforce, generating an average of -$284687.5 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.46% and a Quick Ratio of 0.46%, indicating strong ability to cover short-term liabilities.
Wag Group Co [PET]: Institutional Ownership
There are presently around $54.46%, or 61.99% 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%.
