Dogness (International) (NASDAQ:DOGZ) Stock Price Up 8.8% – Here’s What Happened

Dogness (International) Corporation (NASDAQ:DOGZ)’s share price rose 8.8% during mid-day trading on Tuesday . The company traded as high as $1.15 and last traded at $1.11. Approximately 92,218 shares traded hands during mid-day trading, an increase of 92% from the average daily volume of 48,073 shares. The stock had previously closed at $1.02.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Dogness (International) from a “sell” rating to a “strong sell” rating in a research report on Saturday, April 11th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Dogness (International) Price Performance

The company’s 50-day moving average is $1.23 and its two-hundred day moving average is $4.80. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.45 and a current ratio of 1.75.

Dogness (International) (NASDAQ:DOGZ) last posted its quarterly earnings data on Thursday, April 2nd. The company reported ($0.14) earnings per share for the quarter. The company had revenue of $3.86 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its stake in Dogness (International) by 687.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,953 shares of the company’s stock worth $48,000 after acquiring an additional 2,578 shares in the last quarter. Jane Street Group LLC acquired a new position in Dogness (International) during the fourth quarter worth about $153,000. Marex Group plc acquired a new position in Dogness (International) during the fourth quarter worth about $157,000. Quadrature Capital Ltd raised its stake in Dogness (International) by 71.5% during the fourth quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock worth $392,000 after acquiring an additional 15,414 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in Dogness (International) during the third quarter worth 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.