Dogness (International) (NASDAQ:DOGZ) Shares Gap Down – Should You Sell?

Dogness (International) Co. (NASDAQ:DOGZ) shares gapped down before the market opened on Tuesday . The stock had previously closed at $38.00, but opened at $36.05. Dogness (International) shares last traded at $40.50, with a volume of 222,301 shares.

Dogness (International) Stock Up 7.2 %

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.56 and a current ratio of 1.92. The business’s 50 day moving average is $46.18 and its two-hundred day moving average is $32.36.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Dogness (International) stock. JPMorgan Chase & Co. acquired a new position in Dogness (International) Co. (NASDAQ:DOGZ) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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.