A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Petco Health and Wellness Company Inc.’s current trading price is -40.69% away from its 52-week high, while its distance from the 52-week low is 34.12%. The stock’s price range for this time frame has been between $7.59 and $17.17. The trading volume of the company’s shares in the Consumer Cyclical reached around 4.35 million for the day, which was evidently higher than the average daily volume of 2.94 million over the last three months.
Petco Health and Wellness Company Inc. (WOOF) currently has a stock price of $10.18. The stock saw a sharp increase in the last trading session, hitting a high of $10.31 after opening at $9.84. The lowest recorded price for the day was $9.82 before it closed at $9.96.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Petco Health and Wellness Company Inc.’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $17.17 on 06/24/22, and the lowest price during that time was $7.59, recorded on 03/24/23.
How Financial Performance Impacts Market Capitalization
Petco Health and Wellness Company Inc. (WOOF) has experienced a quarterly decline of -4.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.23B and boasts a workforce of 29000 employees.
Decoding Analysts’ Ratings for Petco Health and Wellness Company Inc.
As of right now, 6 analysts are rating Petco Health and Wellness Company Inc. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.11, with a change in price of +1.17. Similarly, Petco Health and Wellness Company Inc. recorded 2,449,444 in trading volume during the last 100 days, posting a change of +12.99%.
How WOOF’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for WOOF stands at 0.69. Similarly, the long-term debt-to-equity ratio is also 0.68.
WOOF Stock Stochastic Average
Petco Health and Wellness Company Inc.’s raw stochastic average for the past 50 days is currently at 81.70%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 58.87%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 42.32% and 42.71%, respectively.
WOOF Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 7.38%.However, over the last six months, we can see a weaker performance of 5.93%. Over the last 30 days, the price of WOOF has fallen by 2.83%. And in the last five days, it has surged by 3.14%.