PETZ Stock Summary and Trading Ideas (TDH Hldgs | NASDAQ:PETZ)

TDH Holdings Inc is engaged in the business of manufacturing and selling of petfood and restaurant operations. The company has two operating segments which include Petfood sales and Restaurant business. It has a focus on the Restaurant business segment and generates the majority of its revenue.

TDH Hldgs trades on the NASDAQ stock market under the symbol PETZ.

As of May 7, 2024, PETZ stock price climbed to $1.09 with 3,993 million shares trading.

PETZ has a beta of 0.37, meaning it tends to be less sensitive to market movements. PETZ has a correlation of 0.01 to the broad based SPY ETF.

PETZ has a market cap of $11.25 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, PETZ stock traded as high as $188.00 and as low as $.89.

PETZ has underperformed the market in the last year with a price return of -14.2% while the SPY ETF gained +27.0%. However, in the short term, PETZ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +5.8% vs +5.0% return in SPY. But in the last 2 weeks, PETZ shares have been beat by the market, returning -6.8% compared to an SPY return of +3.5%.

PETZ support price is $1.02 and resistance is $1.14 (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 PETZ stock will trade within this expected range on the day.