Dogness (International) (NASDAQ:DOGZ) Trading 6.5% Higher – Time to Buy?

Dogness (International) Corporation (NASDAQ:DOGZ) shares rose 6.5% during mid-day trading on Monday . The company traded as high as $0.99 and last traded at $0.94. 258,159 shares traded hands during trading, an increase of 606% from the average daily volume of 36,567 shares. The stock had previously closed at $0.8830.

Analysts Set New Price Targets

DOGZ has been the subject of several analyst reports. Wall Street Zen lowered Dogness (International) from a “sell” rating to a “strong sell” rating in a research report on Saturday, April 11th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Dogness (International) in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Dogness (International) Trading Up 6.5%

The company has a current ratio of 1.75, a quick ratio of 1.45 and a debt-to-equity ratio of 0.01. The company has a fifty day moving average price of $1.05 and a two-hundred day moving average price of $1.81.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC increased its position in shares of Dogness (International) by 687.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,953 shares of the company’s stock worth $48,000 after acquiring an additional 2,578 shares in the last quarter. Jane Street Group LLC bought a new stake in Dogness (International) in the 4th quarter valued at $153,000. Marex Group plc acquired a new position in Dogness (International) in the 4th quarter worth $157,000. Quadrature Capital Ltd boosted its stake in Dogness (International) by 71.5% in the 4th quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock worth $392,000 after purchasing an additional 15,414 shares during the period. Finally, BNP Paribas Financial Markets bought a new position in Dogness (International) during the 3rd quarter worth about $518,000. Institutional investors and hedge funds own 5.12% of the company’s stock.

Dogness (International) Company Profile

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.