TDH (NASDAQ:PETZ) Shares Down 4.8% – Here’s What Happened

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised TDH from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, TDH has a consensus rating of “Sell”.

TDH Price Performance

The company’s 50-day moving average is $1.26 and its 200-day moving average is $1.19.

Institutional Trading of TDH

An institutional investor recently bought a new position in TDH stock. Citadel Advisors LLC bought a new position in shares of TDH Holdings, Inc. (NASDAQ:PETZ) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned approximately 0.33% of TDH at the end of the most recent quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.

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.