Understanding the Risks of Investing in Petmed Express, Inc. (PETS)

In a filing, Petmed Express, Inc. revealed its Director FULGONI GIAN acquired Company’s shares for reported $0.3 million on Nov 09. In the deal valued at $7.34 per share,41,000 shares were bought. As a result of this transaction, FULGONI GIAN now holds 109,510 shares worth roughly $0.65 million.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

Then, Hulett Mathew N bought 13,850 shares, generating $100,551 in total proceeds. Upon buying the shares at $7.26, the CEO & President now owns 613,850 shares.

Before that, Chambers Christine bought 6,888 shares. Petmed Express, Inc. shares valued at $50,007 were divested by the CFO at a price of $7.26 per share. As a result of the transaction, Chambers Christine now holds 19,888 shares, worth roughly $0.12 million.

Lake Street initiated its Petmed Express, Inc. [PETS] rating to a Buy in a research note published on May 25, 2023; the price target was $20.

Price Performance Review of PETS

On Friday, Petmed Express, Inc. [NASDAQ:PETS] saw its stock jump 1.87% to $5.98. Over the last five days, the stock has lost -1.97%. Petmed Express, Inc. shares have fallen nearly -20.90% since the year began. Nevertheless, the stocks have fallen -68.90% over the past one year. While a 52-week high of $20.35 was reached on 01/02/24, a 52-week low of $5.50 was recorded on 02/09/24. SMA at 50 days reached $7.03, while 200 days put it at $10.82. A total of 0.8 million shares were traded, compared to the trading of 0.81 million shares in the previous session.

Levels Of Support And Resistance For PETS Stock

The 24-hour chart illustrates a support level at 5.48, which if violated will result in even more drops to 4.98. On the upside, there is a resistance level at 6.36. A further resistance level may holdings at 6.74. The Relative Strength Index (RSI) on the 14-day chart is 30.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.02%. Stochastics %K at 15.42% indicates the stock is a buying.

How much short interest is there in Petmed Express, Inc.?

A steep rise in short interest was recorded in Petmed Express, Inc. stocks on Jan 31, 2024, growing by 0.55 million shares to a total of 4.1 million shares. Yahoo Finance data shows the prior-month short interest on Dec 29, 2023 was 3.55 million shares. There was a rise of 13.41%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 24.28% of the overall stock float, the days-to-cover ratio (short ratio) rose to 12.86.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular