Wag! Group Co. (NASDAQ:PET – Get Rating) COO Dylan Allread sold 26,886 shares of the company’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $2.04, for a total transaction of $54,847.44. Following the sale, the chief operating officer now directly owns 230,257 shares in the company, valued at $469,724.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Wag! Group Trading Down 3.0 %
NASDAQ:PET opened at $1.94 on Friday. The stock’s fifty day moving average price is $2.26 and its two-hundred day moving average price is $2.48. Wag! Group Co. has a 52-week low of $1.58 and a 52-week high of $13.13. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 3.36.
Wag! Group (NASDAQ:PET – Get Rating) last posted its quarterly earnings results on Tuesday, February 21st. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.05. The firm had revenue of $17.04 million during the quarter, compared to the consensus estimate of $13.75 million. On average, research analysts forecast that Wag! Group Co. will post -0.22 EPS for the current year.
Institutional Investors Weigh In On Wag! Group
Analyst Ratings Changes
Separately, Chardan Capital raised their price target on Wag! Group from $5.00 to $8.00 and gave the company a “buy” rating in a report on Wednesday, February 22nd. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $6.75.
About Wag! Group
Wag! Group Co develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. Its platform allows pet parents, who require specific pet care services, such as dog walking, pet sitting and boarding, advice from licensed pet experts, home visits, training, and access to other services.
- Get a free copy of the StockNews.com research report on Wag! Group (PET)
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