Renaissance Technologies LLC recently announced the acquisition of new stake in Dogness (International) Corporation (NASDAQ:DOGZ). The institutional investor has increased its shareholding in the Consumer Defensive company by 8.60% to 0.37 million shares with purchase of 29045.0 shares. This fresh investment now brings its stake to 1.21% valued currently at $0.36 million. In addition, Millennium Management LLC raised its holdings by 55964.0 to 55964.0 shares. And Group One Trading LP has lifted its position by 152.05% or 31766.0 shares – to 52658.0 shares.
With over 0.29 million Dogness (International) Corporation (DOGZ) shares trading Friday and a closing price of $0.99 on the day, the dollar volume was approximately $0.28 million. The shares have shown a negative half year performance of -41.76% and its price on 01/13/23 lost nearly -0.49%. Currently, there are 35.57M common shares owned by the public and among those 21.14M shares have been available to trade.
Top 5 Undervalued Stocks To Own In 2023
Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.
Click here to download your Free Research Report…
Sponsored
Fidelity Nasdaq Composite Index F owns 20518.0 shares of the company’s stock, all valued at over $20108.0.
Shares of Dogness (International) Corporation (NASDAQ: DOGZ) opened at $0.98, down -$0.02 from a prior closing price of $1.00. However, the script later moved the day high at 1.0500, down -0.49%. The company’s stock has a 5-day price change of -0.99% and 2.28% over the past three months. DOGZ shares are trading 1.03% year to date (YTD), with the 12-month market performance down to -65.98% lower. It has a 12-month low price of $0.80 and touched a high of $6.63 over the same period. DOGZ has an average intraday trading volume of 100.87K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.28%, 1.26%, and -54.18% respectively.
Institutional ownership of Dogness (International) Corporation (NASDAQ: DOGZ) shares accounts for 12.00% of the company’s 35.57M shares outstanding. Mutual fund holders own 0.07%, while other institutional holders and individual stakeholders account for 10.80% and — respectively.
It has a market capitalization of $30.10M and a beta (3y monthly) value of 0.85. The stock’s trailing 12-month PE ratio is 10.53, while the earnings-per-share (ttm) stands at $0.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.98% over the week and 8.94% over the month.
Analysts forecast that Dogness (International) Corporation (DOGZ) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for 2020. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
