Dogness (International) (NASDAQ:DOGZ) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Dogness (International) (NASDAQ:DOGZ) from a hold rating to a sell rating in a research report sent to investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Dogness (International) in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Dogness (International) Price Performance

Shares of Dogness (International) stock opened at $11.76 on Friday. The company has a current ratio of 3.35, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. The firm’s 50-day simple moving average is $13.13 and its 200-day simple moving average is $15.76. Dogness has a twelve month low of $6.81 and a twelve month high of $58.00.

Hedge Funds Weigh In On Dogness (International)

A hedge fund recently raised its stake in Dogness (International) stock. Tower Research Capital LLC TRC boosted its position in shares of Dogness (International) Corporation (NASDAQ:DOGZ) by 687.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,953 shares of the company’s stock after purchasing an additional 2,578 shares during the period. Tower Research Capital LLC TRC’s holdings in Dogness (International) were worth $48,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.