(DOGZ) Dogness International - Ratings and Ratios

Dogness International Corp Class A (NASDAQ:DOGZ) is a company that specializes in designing, manufacturing, and selling a wide range of fashionable and innovative products for the global pet industry, catering to the growing demand for premium pet accessories and smart pet technology.

The companys product portfolio encompasses a broad spectrum of pet accessories, including leashes, collars, harnesses, and lanyards, as well as smart wearables, interactive pet products, and automated feeders. Notably, their smart products, such as the iPet robot, mini treat robot, and smart CAM feeder, enable pet owners to remotely interact with and monitor their pets. The companys commitment to innovation is evident in its diverse product offerings, which aim to enhance the lives of pets and their owners.

Analyzing the and , we observe that DOGZ has experienced significant price volatility, with a 52-week high of $56.90 and a low of $6.10. The stocks current price is $16.58, below its 20-day SMA of $16.65, indicating a potential short-term bearish trend. The long-term trend, however, is bearish, as the stock is trading below its 50-day SMA of $23.47 and 200-day SMA of $31.64. The Average True Range (ATR) of 2.14, representing 12.92% of the current price, suggests moderate volatility.

From a fundamental perspective, DOGZ has a market capitalization of $218.58M USD and a forward P/E ratio of 6.84, indicating relatively low valuation compared to its projected earnings. However, the companys Return on Equity (RoE) is -17.77%, suggesting that it is currently unprofitable. The absence of a trailing P/E ratio further emphasizes the companys current lack of profitability.

Based on the analysis of and , a potential forecast for DOGZ is that the stock may continue to experience short-term volatility, potentially testing the $16.00 support level. However, if the company can demonstrate significant improvements in its profitability and revenue growth, the stock may attract investors, driving the price upwards. A potential target price could be around $25.00, representing a 50% increase from the current price. Nevertheless, this forecast is contingent upon the companys ability to address its current unprofitability and improve its financial performance.