TDH (NASDAQ:PETZ) Shares Down 3% – Time to Sell?

Shares of TDH Holdings, Inc. (NASDAQ:PETZ) traded down 3% on Monday . The stock traded as low as $0.9220 and last traded at $0.96. 42,647 shares changed hands during trading, an increase of 441% from the average session volume of 7,880 shares. The stock had previously closed at $0.99.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of TDH in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

TDH Stock Performance

The business has a fifty day moving average of $1.03 and a 200 day moving average of $1.04.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TDH stock. Citadel Advisors LLC purchased a new position in TDH Holdings, Inc. (NASDAQ:PETZ) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned about 0.33% of TDH as of its most recent SEC filing. 0.01% of the stock is currently owned by institutional investors.

About TDH

PETZ Ltd. (NASDAQ: PETZ) is a leading specialty retailer in the pet care sector, offering a comprehensive range of products and services for companion animals. The company’s retail footprint spans both brick-and-mortar stores and an e-commerce platform, providing customers with pet food, accessories, supplies and healthcare solutions. In addition to its merchandise offerings, PETZ operates in-store veterinary clinics, grooming salons and boarding facilities, positioning itself as a one-stop destination for pet owners seeking convenience and expertise.

Founded in 2002 by Aristides V.