Dogness (International) (NASDAQ:DOGZ) Trading Down 5.9% – Should You Sell?

Shares of Dogness (International) Co. (NASDAQ:DOGZ) fell 5.9% during trading on Friday . The stock traded as low as $42.87 and last traded at $41.59. 240,614 shares were traded during trading, a decline of 40% from the average session volume of 401,774 shares. The stock had previously closed at $44.22.

Dogness (International) Stock Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.92 and a quick ratio of 1.56. The stock’s 50-day moving average price is $45.58 and its 200 day moving average price is $33.28.

Institutional Inflows and Outflows

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

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.