Dogness (International) (NASDAQ:DOGZ) Trading Down 5.9% – Time to Sell?

Dogness (International) Co. (NASDAQ:DOGZ)’s stock price was down 5.9% during trading on Friday . The company traded as low as $42.87 and last traded at $41.59. Approximately 240,614 shares changed hands during trading, a decline of 40% from the average daily volume of 401,774 shares. The stock had previously closed at $44.22.

Dogness (International) Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.56 and a current ratio of 1.92. The business has a fifty day simple moving average of $45.58 and a two-hundred day simple moving average of $33.28.

Institutional Investors Weigh In On Dogness (International)

An institutional investor recently bought a new position in Dogness (International) stock. JPMorgan Chase & Co. acquired a new position in shares of Dogness (International) Co. (NASDAQ:DOGZ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,703 shares of the company’s stock, valued at approximately $73,000. Institutional investors own 5.12% of the company’s stock.

About Dogness (International)

Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. The company provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanyards; gift suspenders, pet belt ribbons, laces, elastic belts, computer jacquard ribbons, and high-grade textile laces; mouth covers and pet charms; climbing hooks; and intelligent pet products, such as app-controlled pet feeders, pet water fountains, and smart pet toys, as well as pet shampoos.