In today’s recent session, 0.79 million shares of the Wag Group Co (NASDAQ:PET) have been traded, and its beta is 0.80. Most recently the company’s share price was $0.19, and it changed around -$0.06 or -22.82% from the last close, which brings the market valuation of the company to $9.46M. PET at last check was trading at a discount to its 52-week high of $2.47, offering almost -1200.0% off that amount. The share price’s 52-week low was $0.14, which indicates that the recent value has risen by an impressive 26.32% since then. We note from Wag Group Co’s average daily trading volume that its 10-day average is 0.14 million shares, with the 3-month average coming to 657.25K.
Wag Group Co stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended PET as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Wag Group Co is expected to report earnings per share of 0 for the current quarter.
Wag Group Co (NASDAQ:PET) trade information
Instantly PET has been showing red trend so far today with a performance of -22.82% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.2598 on recent trading dayincreased the stock’s daily price by 26.87%. The company’s shares are currently down -20.23% year-to-date, but still down -23.96% over the last five days. On the other hand, Wag Group Co (NASDAQ:PET) is -35.82% down in the 30-day period. We can see from the shorts that 2.55 million shares have been sold at a short interest cover period of 3.21 day(s).
The consensus price target as assigned by Wall Street analysts is $0.5, which translates to bulls needing to increase their stock price by 62.0% from its current value. Analyst projections state that PET is forecast to be at a low of $0.5 and a high of $0.5.
Wag Group Co (PET) estimates and forecasts
The year-over-year growth rate is expected to be 6.80%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 19.3M in revenue for the current quarter. 1 analysts expect Wag Group Co to make 18M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 23.22M and 18.65M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -16.88%. Forecasts for the next quarter put sales growth at -3.49%.
Wag Group Co (NASDAQ:PET)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 12.37% of Wag Group Co shares, and 52.93% of them are in the hands of institutional investors. The stock currently has a share float of 60.40%. Wag Group Co stock is held by 23.0 institutions, with ACME, LLC being the largest institutional investor. By 2024-06-30, it held 17.1021% of the shares, which is about 7.0 million shares worth $11.2 million.
GENERAL CATALYST GROUP MANAGEMENT, LLC, with 17.0517% or 6.98 million shares worth $11.16 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Ultra-Small Company Market Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 832.22 shares worth $0.15 million, making up 1.67% of all outstanding shares. On the other hand, Ultra-Small Company Market Fund held roughly 147.0 shares worth around $27342.0, which represents about 0.30% of the total shares outstanding.
