Dogness (International) (NASDAQ:DOGZ) Cut to "Sell" at Wall Street Zen

Key Points

• Dogness (International) has been downgraded from a "hold" to a "sell" rating by Wall Street Zen, reflecting analysts' diminished outlook on the stock.
• The company's stock has experienced significant volatility, with a fifty-two week low of $6.81 and a high of $58.50, currently opening at $12.01 on Friday.
• Institutional investor Tower Research Capital LLC increased its stake in Dogness by an impressive 687.5% during the second quarter, now holding shares worth $48,000.

Dogness (International) (NASDAQ:DOGZ - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Dogness (International) in a research report on Friday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Dogness (International) has an average rating of "Sell".

Dogness (International) Stock Performance

Shares of DOGZ stock opened at $12.01 on Friday. Dogness has a fifty-two week low of $6.81 and a fifty-two week high of $58.50. The business has a fifty day simple moving average of $13.18 and a 200-day simple moving average of $16.03.

Institutional Trading of Dogness (International)

An institutional investor recently raised its position in Dogness (International) stock. Tower Research Capital LLC TRC increased its stake in shares of Dogness (International) Corporation (NASDAQ:DOGZ - Free Report) by 687.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,953 shares of the company's stock after purchasing an additional 2,578 shares during the quarter. Tower Research Capital LLC TRC's holdings in Dogness (International) were worth $48,000 as of its most recent filing with the Securities and Exchange Commission. 5.12% of the stock is owned by hedge funds and other institutional investors.

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.

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