Wag Group Co (NASDAQ:PET) shares traded 38.26% higher at $0.15 on Wall Street last session.
PET stock price is now -27.62% away from the 50-day moving average and -72.07% away from the 200-day moving average. The market capitalization of the company currently stands at $7.74M.
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On May 30, 2024, Lake Street recently initiated its ‘Buy’ rating on the stock quoting a target price of $4, while ‘Oppenheimer’ rates the stock as ‘Outperform’
In other news, Davidian Alec, Chief Financial Officer sold 22,719 shares of the company’s stock on Feb 19 ’25. The stock was sold for $6,832 at an average price of $0.30. Upon completion of the transaction, the Chief Financial Officer now directly owns 795,971 shares in the company, valued at $0.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, Chief Customer Officer Cane David sold 14,848 shares of the business’s stock. A total of $4,465 was realized by selling the stock at an average price of $0.30. This leaves the insider owning 526,850 shares of the company worth $79027.5. A total of 51.43% of the company’s stock is owned by insiders.
During the past 12 months, Wag Group Co has had a low of $0.08 and a high of $2.47. The fifty day moving average price for PET is $0.21066 and a two-hundred day moving average price translates $0.545955 for the stock.
The latest earnings results from Wag Group Co (NASDAQ: PET) was released for 2024-12-31. The net profit margin was -24.92% and return on equity was -3036.82% for PET. The company reported revenue of $15.43 million for the quarter, compared to $21.67 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -28.79 percent.
