Dogness (International) (NASDAQ:DOGZ) Shares Gap Down – Here’s Why

Dogness (International) Co. (NASDAQ:DOGZ) gapped down before the market opened on Tuesday . The stock had previously closed at $38.00, but opened at $36.05. Dogness (International) shares last traded at $40.50, with a volume of 222,301 shares trading hands.

Dogness (International) Stock Up 8.8 %

The business’s 50 day moving average price is $46.58 and its two-hundred day moving average price is $32.13. The company has a quick ratio of 1.56, a current ratio of 1.92 and a debt-to-equity ratio of 0.04.

Hedge Funds Weigh In On Dogness (International)

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