Dogness (International) (NASDAQ:DOGZ) Shares Down 12.1% – Here’s What Happened

Dogness (International) Co. (NASDAQ:DOGZ) shares were down 12.1% on Monday . The stock traded as low as $28.50 and last traded at $29.70. Approximately 141,499 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 168,955 shares. The stock had previously closed at $33.80.

Dogness (International) Stock Down 4.1 %

The firm’s 50 day simple moving average is $29.66 and its two-hundred day simple moving average is $37.38. The company has a quick ratio of 1.56, a current ratio of 1.92 and a debt-to-equity ratio of 0.04.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Dogness (International) stock. JPMorgan Chase & Co. acquired a new stake in shares of Dogness (International) Co. (NASDAQ:DOGZ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,703 shares of the company’s stock, valued at approximately $73,000. 5.12% of the stock is owned by institutional investors.

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.