Dogness (International) (NASDAQ:DOGZ) Trading Down 12.1% – Here’s Why

Dogness (International) Co. (NASDAQ:DOGZ) shares traded down 12.1% during trading on Monday . The company traded as low as $28.50 and last traded at $29.70. 141,499 shares were traded during trading, a decline of 16% from the average session volume of 168,955 shares. The stock had previously closed at $33.80.

Dogness (International) Price Performance

The stock has a fifty day simple moving average of $29.66 and a two-hundred day simple moving average of $37.38. The company has a current ratio of 1.92, a quick ratio of 1.56 and a debt-to-equity ratio of 0.04.

Institutional Investors Weigh In On Dogness (International)

A hedge fund recently bought a new stake in Dogness (International) stock. JPMorgan Chase & Co. purchased a new position in shares of Dogness (International) Co. (NASDAQ:DOGZ) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,703 shares of the company’s stock, valued at approximately $73,000. Institutional investors own 5.12% of the company’s stock.

Dogness (International) Company Profile

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.