TDH (NASDAQ:PETZ) Trading Down 4.8% – Should You Sell?

TDH Holdings, Inc. (NASDAQ:PETZ)’s stock price dropped 4.8% during mid-day trading on Friday . The company traded as low as $1.1820 and last traded at $1.1897. 4,295 shares were traded during trading, a decline of 94% from the average daily volume of 77,831 shares. The stock had previously closed at $1.25.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of TDH from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

TDH Price Performance

The business has a 50-day simple moving average of $1.26 and a 200-day simple moving average of $1.19.

Institutional Trading of TDH

A hedge fund recently bought a new position in TDH stock. Citadel Advisors LLC acquired a new stake in TDH Holdings, Inc. (NASDAQ:PETZ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned 0.33% of TDH as of its most recent filing with the Securities and Exchange Commission (SEC). 0.01% of the stock is owned by institutional investors.

TDH Company Profile

PETZ Ltd. (NASDAQ: PETZ) is a leading specialty retailer in the pet care sector, offering a comprehensive range of products and services for companion animals. The company’s retail footprint spans both brick-and-mortar stores and an e-commerce platform, providing customers with pet food, accessories, supplies and healthcare solutions. In addition to its merchandise offerings, PETZ operates in-store veterinary clinics, grooming salons and boarding facilities, positioning itself as a one-stop destination for pet owners seeking convenience and expertise.

Founded in 2002 by Aristides V.