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The closing price of Wag Group Co (NASDAQ: PET) was $0.20 for the day, down -2.40% from the previous closing price of $0.20. In other words, the price has decreased by -$2.40 from its previous closing price. On the day, 1.75 million shares were traded. PET stock price reached its highest trading level at $0.2083 during the session, while it also had its lowest trading level at $0.19.
Ratios:
Our analysis of PET’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 9913408 and an Enterprise Value of 21440412. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 4.17. Its current Enterprise Value per Revenue stands at 0.279 whereas that against EBITDA is -3.564.
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 $0.14. The 50-Day Moving Average of the stock is -70.69%, while the 200-Day Moving Average is calculated to be -85.74%.
Shares Statistics:
PET traded an average of 2.10M shares per day over the past three months and 13002030 shares per day over the past ten days. A total of 39.60M shares are outstanding, with a floating share count of 23.01M. Insiders hold about 52.85% of the company’s shares, while institutions hold 18.94% stake in the company. Shares short for PET as of 1731628800 were 2137064 with a Short Ratio of 0.73, compared to 1728950400 on 1392457. Therefore, it implies a Short% of Shares Outstanding of 2137064 and a Short% of Float of 9.24.
