Petco Health and Wellness Co Inc’s recently made public that its Former Officer Zavada John acquired Company’s shares for reported $0.27 million on Dec 10 ’24. In the deal valued at $4.65 per share,58,916 shares were bought.
Then, Tichy Justin bought 20,743 shares, generating $57,063 in total proceeds.
Before that, Tichy Justin bought 38,611 shares. Petco Health and Wellness Co Inc shares valued at $100,390 were divested by the Former Officer at a price of $2.60 per share.
Citigroup reiterated its Petco Health and Wellness Co Inc [WOOF] rating to a Neutral in a research note published on July 19, 2024; the price target was $4. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “an Underperform”. Jefferies began covering WOOF with “Hold” recommendation on December 19, 2023. Robert W. Baird revised its rating on November 30, 2023. It rated WOOF as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of WOOF
On Tuesday, Petco Health and Wellness Co Inc [NASDAQ:WOOF] saw its stock jump 2.97% to $4.16. Over the last five days, the stock has gained 8.62%. Petco Health and Wellness Co Inc shares have risen nearly 9.19% since the year began. Nevertheless, the stocks have risen 40.07% over the past one year. While a 52-week high of $6.29 was reached on 01/07/25, a 52-week low of $1.41 was recorded on 01/02/25. SMA at 50 days reached $4.34, while 200 days put it at $3.47.
Levels Of Support And Resistance For WOOF Stock
The 24-hour chart illustrates a support level at 4.03, which if violated will result in even more drops to 3.91. On the upside, there is a resistance level at 4.27. A further resistance level may holdings at 4.39. The Relative Strength Index (RSI) on the 14-day chart is 48.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.84%. Stochastics %K at 37.28% indicates the stock is a holding.
How much short interest is there in Petco Health and Wellness Co Inc?
A steep rise in short interest was recorded in Petco Health and Wellness Co Inc stocks on 2024-11-15, growing by 0.43 million shares to a total of 23.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 22.66 million shares. There was a rise of 1.88%, which implies that there is a positive sentiment for the stock.
