Dogness (International) (NASDAQ:DOGZ) Trading 8.8% Higher – Still a Buy?

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

Analyst Ratings Changes

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

Dogness (International) Stock Performance

The company has a 50 day simple moving average of $1.25 and a two-hundred day simple moving average of $4.94. 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 announced its quarterly earnings results on Thursday, April 2nd. The company reported ($0.14) EPS for the quarter. The company had revenue of $3.86 million during the quarter.

Institutional Investors Weigh In On Dogness (International)

A number of large investors have recently added to or reduced their stakes in DOGZ. Tower Research Capital LLC TRC raised its stake 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 purchasing an additional 2,578 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Dogness (International) in the fourth quarter valued at $153,000. Marex Group plc acquired a new position in shares of Dogness (International) in the fourth quarter valued at $157,000. Quadrature Capital Ltd raised its stake in shares of Dogness (International) by 71.5% in the fourth quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock valued at $392,000 after purchasing an additional 15,414 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in shares of Dogness (International) in the third quarter valued at $518,000. Institutional investors own 5.12% of the company’s stock.

About Dogness (International)

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.