Wag Group Co (NASDAQ: PET): Why Investors Shouldn’t Ditch PET Stock In 2025

In the last trading session, 1.03 million Wag Group Co (NASDAQ:PET) shares changed hands as the company’s beta touched 0.99. With the company’s per share price at $0.1 changed hands at -$0.01 or -7.16% during last session, the market valuation stood at $5.33M. PET’s last price was a discount, traded about -1690.0% off its 52-week high of $1.79. The share price had its 52-week low at $0.08, which suggests the last value was 20.0% up since then. When we look at Wag Group Co’s average trading volume, we note the 10-day average is 7.49 million shares, with the 3-month average coming to 5.58 million.

Analysts gave the Wag Group Co (PET) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended PET as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.

Wag Group Co (NASDAQ:PET) trade information

Instantly PET was in red as seen at the end of in last trading. With action 12.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -93.09%, with the 5-day performance at 12.42% in the green. However, in the 30-day time frame, Wag Group Co (NASDAQ:PET) is -27.59% down. Looking at the short shares, we see there were 1.9 million shares sold at short interest cover period of 0.99 days.

The consensus price target for the stock as assigned by Wall Street analysts is 3.5, meaning bulls need an upside of 97.14% from its current market value. According to analyst projections, PET’s forecast low is 0.5 with 4 as the target high. To hit the forecast high, the stock’s price needs a -3900.0% plunge from its current level, while the stock would need to soar -400.0% for it to hit the projected low.

PET Dividends

Wag Group Co is expected to release its next quarterly earnings report on 2025-Mar-24.

Wag Group Co (NASDAQ:PET)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 12.14% of Wag Group Co shares while 54.56% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 62.09%. There are 54.56% institutions holding the Wag Group Co stock share, with ACME, LLC the top institutional holder. As of 2024-06-30, the company held 17.1021% of the shares, roughly 7.0 million PET shares worth $11.2 million.

GENERAL CATALYST GROUP MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 17.0517% or 6.98 million shares worth $11.16 million as of 2024-06-30.

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