A share price of Wag Group Co [PET] is currently trading at $0.34, up 4.00%. An important factor to consider is whether the stock is rising or falling in short-term value. The PET shares have gain 32.39% over the last week, with a monthly amount glided 10.28%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wag Group Co [NASDAQ: PET] stock has seen the most recent analyst activity on November 14, 2024, when Craig Hallum downgraded its rating to a Hold. Previously, Lake Street started tracking the stock with Buy rating on May 30, 2024, and set its price target to $4. On November 22, 2022, Oppenheimer initiated with a Outperform rating and assigned a price target of $5 on the stock. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $5 on October 17, 2022. Craig Hallum initiated its recommendation with a Buy and recommended $10 as its price target on October 14, 2022. MKM Partners started tracking with a Buy rating for this stock on October 13, 2022, and assigned it a price target of $6.
Wag Group Co experienced fluctuations in its stock price throughout the past year between $0.14 and $2.47. Currently, Wall Street analysts expect the stock to reach $0.5 within the next 12 months. Wag Group Co [NASDAQ: PET] shares were valued at $0.34 at the most recent close of the market. An investor can expect a potential return of 47.06% based on the average PET price forecast.
Analyzing the PET fundamentals
Trailing Twelve Months sales for Wag Group Co [NASDAQ:PET] were 76.75M which represents -39.43% decline. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.5, Equity is -65.01 and Total Capital is -2.93. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of8.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.3047 points at the first support level, and at 0.2715 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3731, and for the 2nd resistance point, it is at 0.4083.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wag Group Co [NASDAQ:PET] is 0.62. On the other hand, the Quick Ratio is 0.62, and the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 0.22, the price to book ratio is 7.08.
Transactions by insiders
Recent insider trading involved Smallwood Garrett, Chief Executive Officer, that happened on Nov 19 ’24 when 34746.0 shares were sold. Chief Marketing Officer, McCarthy Patrick completed a deal on Nov 19 ’24 to sell 23105.0 shares. Meanwhile, Chief Technology Officer Arjomand Maziar sold 34746.0 shares on Nov 19 ’24.
