Analytical Overview: Wag Group Co (PET)’s Ratios Tell a Financial Story

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As of close of business last night, Wag Group Co’s stock clocked out at $0.29, up 18.52% from its previous closing price of $0.24. In other words, the price has increased by $18.52 from its previous closing price. On the day, 0.56 million shares were traded. PET stock price reached its highest trading level at $0.288 during the session, while it also had its lowest trading level at $0.2451.

Ratios:

To gain a deeper understanding of PET’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 8.39 whereas as Long-Term Debt/Eq ratio is at 0.24.

On May 30, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $4.

On November 22, 2022, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $5.Oppenheimer initiated its Outperform rating on November 22, 2022, with a $5 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 19 ’24 when Smallwood Garrett sold 34,746 shares for $0.17 per share. The transaction valued at 5,907 led to the insider holds 1,036,573 shares of the business.

McCarthy Patrick sold 23,105 shares of PET for $3,928 on Nov 19 ’24. The Chief Marketing Officer now owns 699,500 shares after completing the transaction at $0.17 per share. On Nov 19 ’24, another insider, Arjomand Maziar, who serves as the Chief Technology Officer of the company, sold 34,746 shares for $0.17 each. As a result, the insider received 5,907 and left with 1,159,352 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PET now has a Market Capitalization of 14339836 and an Enterprise Value of 25866842. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 6.04. Its current Enterprise Value per Revenue stands at 0.337 whereas that against EBITDA is -4.3.

Stock Price History:

The Beta on a monthly basis for PET is 0.82, which has changed by -0.8471698 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, PET has reached a high of $2.47, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -5.13%, while the 200-Day Moving Average is calculated to be -74.13%.

Shares Statistics:

It appears that PET traded 2.79M shares on average per day over the past three months and 1194680 shares per day over the past ten days. A total of 49.78M shares are outstanding, with a floating share count of 24.00M. Insiders hold about 51.80% of the company’s shares, while institutions hold 18.66% stake in the company. Shares short for PET as of 1735603200 were 2703755 with a Short Ratio of 0.97, compared to 1732838400 on 3420336. Therefore, it implies a Short% of Shares Outstanding of 2703755 and a Short% of Float of 11.690000000000001.

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