DOGZ Stock Summary and Trading Ideas (Dogness (Intl) | NASDAQ:DOGZ)

Dogness (International) Corp designs, manufactures pet products, including leashes and smart products, and lanyards. The Company designs, process and manufactures fashionable and high-quality leashes, collars, and harnesses to complement cats' and dogs' appearances, as well as intelligent pet products. The Company also provides dyeing services to external customers, as well as pet grooming services. The dyeing service is to utilize the existing production capacity and the pet grooming service is immaterial. Geographically, it generates maximum revenue from Mainland China and also has a presence in the United States, Europe, Australia, Canada, Central, and South America, Japan, and other Asian countries and regions.

Dogness (Intl) trades on the NASDAQ stock market under the symbol DOGZ.

As of August 13, 2024, DOGZ stock price climbed to $14.24 with 5,089 million shares trading.

DOGZ has a beta of 0.48, meaning it tends to be less sensitive to market movements. DOGZ has a correlation of 0.00 to the broad based SPY ETF.

DOGZ has a market cap of $181.28 million. This is considered a Micro Cap stock.

In the last 3 years, DOGZ stock traded as high as $179.60 and as low as $2.79.

DOGZ has underperformed the market in the last year with a price return of -3.9% while the SPY ETF gained +22.1%. However, in the short term, DOGZ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +133.4% vs +3.5% return in SPY. But in the last 2 weeks, DOGZ shares have been beat by the market, returning -9.1% compared to an SPY return of -1.3%.

DOGZ support price is $12.08 and resistance is $14.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DOGZ stock will trade within this expected range on the day.