Dogness (International) (NASDAQ:DOGZ) Stock Price Up 6.5% – Still a Buy?

Dogness (International) Corporation (NASDAQ:DOGZ) shares shot up 6.5% during trading on Monday . The company traded as high as $0.99 and last traded at $0.94. Approximately 258,159 shares were traded during trading, an increase of 606% from the average daily volume of 36,567 shares. The stock had previously closed at $0.8830.

Wall Street Analyst Weigh In

Several research firms have weighed in on DOGZ. Wall Street Zen lowered Dogness (International) from a “sell” rating to a “strong sell” rating in a report on Saturday, April 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Dogness (International) in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Dogness (International) has a consensus rating of “Sell”.

Dogness (International) Trading Down 0.0%

The company has a debt-to-equity ratio of 0.01, a current ratio of 1.75 and a quick ratio of 1.45. The firm’s 50-day moving average price is $1.05 and its 200 day moving average price is $1.73.

Institutional Investors Weigh In On Dogness (International)

A number of large investors have recently bought and sold shares of DOGZ. Tower Research Capital LLC TRC lifted its position in shares of Dogness (International) by 687.5% in the second quarter. Tower Research Capital LLC TRC now owns 2,953 shares of the company’s stock valued at $48,000 after acquiring an additional 2,578 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Dogness (International) during the fourth quarter valued at $153,000. Marex Group plc purchased a new stake in Dogness (International) during the 4th quarter worth about $157,000. Quadrature Capital Ltd increased its position in Dogness (International) by 71.5% during the 4th quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock worth $392,000 after purchasing an additional 15,414 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in Dogness (International) in the 3rd quarter valued at about $518,000. Institutional investors and hedge funds own 5.12% of the company’s stock.

Dogness (International) Company Profile

Dogness (International) Corporation is a provider of pet health and lifestyle products that focuses on smart and interactive solutions for companion animals. The company designs, manufactures and markets a range of pet care products that integrate technology to enhance monitoring, feeding, exercise and enrichment for dogs and cats. Its product portfolio caters to pet owners seeking automated, data-driven tools to support pet well-being and owner convenience.

The company’s offerings include automatic pet feeders and water fountains equipped with programmable schedules, smartphone connectivity and real-time portion controls.