rts logo

New Big Money Means Petmed Express, Inc. (PETS) Investors Could Reap Benefit

Petmed Express, Inc. (NASDAQ: PETS) is -44.71% lower on its value in year-to-date trading and has touched a low of $3.92 and a high of $15.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PETS stock was last observed hovering at around $4.06 in the last trading session, with the day’s gains setting it 0.12%.

Currently trading at $4.18, the stock is -1.44% and -1.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.76 million and changing 2.96% at the moment leaves the stock -35.62% off its SMA200. PETS registered -70.31% loss for a year compared to 6-month loss of -44.56%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 0.00% gain in the last 1 month and extending the period to 3 months gives it a -13.64%, and is -7.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.41% over the week and 6.17% over the month.

Petmed Express, Inc. (PETS) has around 287 employees, a market worth around $86.15M and $281.06M in sales. Profit margin for the company is -2.57%. Distance from 52-week low is 6.63% and -72.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.38%).

Petmed Express, Inc. quarterly earnings per share for the current quarter are estimated at -$0.09 with sales reaching $75M over the same period.The EPS is expected to grow by 40.54% this year, but quarterly earnings will post 0.10% year-over-year. Quarterly sales are estimated to shrink -5.60% in year-over-year returns.

The shares outstanding are 21.15M, and float is at 20.21M with Short Float at 15.02%.

Petmed Express, Inc. (PETS) Insider Activity

The most recent transaction is an insider purchase by FULGONI GIAN, the company’s Director. SEC filings show that FULGONI GIAN bought 41,000 shares of the company’s common stock on Nov 09 ’23 at a price of $7.34 per share for a total of $0.3 million. Following the purchase, the insider now owns 0.11 million shares.

Petmed Express, Inc. disclosed in a document filed with the SEC on Nov 03 ’23 that Hulett Mathew N (CEO & President) bought a total of 13,850 shares of the company’s common stock. The trade occurred on Nov 03 ’23 and was made at $7.26 per share for $0.1 million. Following the transaction, the insider now directly holds 0.61 million shares of the PETS stock.

Still, SEC filings show that on Nov 03 ’23, Chambers Christine (CFO) acquired 6,888 shares at an average price of $7.26 for $50007.0. The insider now directly holds 19,888 shares of Petmed Express, Inc. (PETS).

Related Posts