Dogness (International) (NASDAQ:DOGZ) Trading Down 0.1% - What's Next?

Key Points

• Dogness (International) Corporation's stock decreased by 0.1% to close at $14.18, with trading volume reaching 472,346 shares, significantly higher than its average volume.
• JPMorgan Chase & Co. has increased its stake in Dogness by 227.1%, holding approximately 0.07% of the company, valued at $402,000 as of the latest SEC filing.
• The company maintains strong liquidity with a current ratio of 1.78 and a debt-to-equity ratio of 0.04, indicating financial stability.

Dogness (International) Corporation (NASDAQ:DOGZ - ) traded down 0.1% on Tuesday . The company traded as low as $13.17 and last traded at $14.18. 472,346 shares were traded during trading, an increase of 157% from the average session volume of 184,114 shares. The stock had previously closed at $14.19.

Dogness (International) Price Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.43 and a current ratio of 1.78. The business has a 50 day moving average of $14.73 and a two-hundred day moving average of $21.43.

Institutional Investors Weigh In On Dogness (International)

A hedge fund recently raised its stake in Dogness (International) stock. JPMorgan Chase & Co. raised its position in Dogness (International) Corporation (NASDAQ:DOGZ - Free Report) by 227.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,842 shares of the company's stock after acquiring an additional 6,139 shares during the period. JPMorgan Chase & Co. owned approximately 0.07% of Dogness (International) worth $402,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 5.12% of the company's stock.

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.

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