TDH Holdings, Inc. (NASDAQ:PETZ – Get Free Report)’s stock price shot up 2.3% on Monday . The company traded as high as $1.39 and last traded at $1.34. 15,442 shares were traded during trading, a decline of 99% from the average daily volume of 1,112,495 shares. The stock had previously closed at $1.31.
Wall Street Analyst Weigh In
Separately, Weiss Ratings cut shares of TDH from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.
Get Our Latest Research Report on PETZ
TDH Trading Down 0.7%
Insider Activity at TDH
In other TDH news, CEO Dandan Liu acquired 2,969,692 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was purchased at an average price of $1.20 per share, with a total value of $3,563,630.40. Following the completion of the purchase, the chief executive officer directly owned 5,069,389 shares in the company, valued at approximately $6,083,266.80. The trade was a 141.43% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 10.82% of the stock is owned by insiders.
TDH Company Profile
TDH Holdings, Inc is a China-based pet food company that develops, manufactures and sells food products for companion animals. Its offerings primarily include pet food and related products for dogs and cats, such as dry food, treats and other snack products.
The company markets its products through a combination of distribution, retail and online sales channels, serving customers in China and potentially other markets through its commercial partners. Its business is focused on the growing companion-animal products sector rather than veterinary services or live-animal sales.
TDH Holdings trades on the Nasdaq Stock Market under the symbol PETZ.
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