Closing Figures: Wag Group Co (PET)’s Negative Finish at 0.17, Down -3.85

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After finishing at $0.18 in the prior trading day, Wag Group Co (NASDAQ: PET) closed at $0.17, down -3.85%. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 2.34 million shares were traded. PET stock price reached its highest trading level at $0.179 during the session, while it also had its lowest trading level at $0.1414.

Ratios:

Our goal is to gain a better understanding of PET by taking a closer look at 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 20 ’24 when SZABO JOHN P JR bought 138,481 shares for $0.99 per share. The transaction valued at 137,096 led to the insider holds 3,200,000 shares of the business.

SZABO JOHN P JR bought 61,519 shares of PET for $50,470 on Sep 19 ’24. The 10% Owner now owns 3,061,519 shares after completing the transaction at $0.82 per share. On Sep 23 ’24, another insider, SZABO JOHN P JR, who serves as the 10% Owner of the company, bought 50,000 shares for $0.93 each. As a result, the insider paid 46,500 and bolstered with 3,250,000 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 8708463 and an Enterprise Value of 20235466. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 3.67. Its current Enterprise Value per Revenue stands at 0.264 whereas that against EBITDA is -3.364.

Stock Price History:

Over the past 52 weeks, PET has reached a high of $2.47, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -76.85%, while the 200-Day Moving Average is calculated to be -87.99%.

Shares Statistics:

The stock has traded on average 398.87K shares per day over the past 3-months and 2130880 shares per day over the last 10 days, according to various share statistics. A total of 39.60M shares are outstanding, with a floating share count of 22.85M. Insiders hold about 53.18% of the company’s shares, while institutions hold 18.94% stake in the company. Shares short for PET as of 1730332800 were 1523513 with a Short Ratio of 3.82, compared to 1727654400 on 1305230. Therefore, it implies a Short% of Shares Outstanding of 1523513 and a Short% of Float of 6.88.

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