Wag Group Co (NASDAQ:PET) price on Wednesday, July 23, rose 0.84% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.12.
A look at the stock’s price movement, the close in the last trading session was $0.12. Turning to its 52-week performance, $1.36 and $0.08 were the 52-week high and 52-week low respectively. Overall, PET moved 8.74% over the past month.
Wag Group Co’s market cap currently stands at around $6.06 million, with investors looking forward to this quarter’s earnings report slated for in August.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PET is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend PET as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PET’s current price about -21.71% and -16.83% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.76, while 7-day volatility ratio is 35.78% and 32.26% in the 30-day chart. Further, Wag Group Co (PET) has a beta value of 1.23. Analysts have given the company’s stock an average 52-week price target of $3.5, forecast between a low of $0.5 and high of $4. Looking at the price targets, the low is -316.67% off current price level while to achieve the yearly target high, price needs to move -3233.33%. Nonetheless, investors will most likely welcome a -2816.67% jump to $3.5 which is the analysts’ median price.
If we refocus on Wag Group Co (NASDAQ:PET), historical trading data shows that trading volumes averaged 11.33 million over the past 3 months. The company’s latest data on shares outstanding shows there are 50.73 million shares.
The 48.21% of Wag Group Co’s shares are in the hands of company insiders while institutional holders own 4.00% of the company’s shares. Current price change has pushed the stock -90.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PET stock continues to rise going into the next quarter.
