Pet Food and Restaurant Company PETZ Sees 5.69% Stock Surge

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6 days ago

The stock of Pet Food and Restaurant Company, Tenet Health (PETZ, Financial), recently experienced a notable increase of 5.69%. The stock is currently trading at $1.30 with a trading volume of 30,952 shares and a turnover rate of 0.30%. It showed a price fluctuation of 8.94%.

According to the latest financial report, PETZ recorded a revenue of $3.18 million, a net loss of $8.53 million, an earnings per share (EPS) of -$0.83, and a gross profit of $1.03 million. The company's price-to-earnings (P/E) ratio stands at -0.55. There are currently no institutional ratings available for PETZ, with no specific "Buy," "Hold," or "Sell" recommendations.

The restaurant industry, in which PETZ operates, saw an overall increase of 0.07%. Among its peers, notable gainers included Red Robin, Rave Restaurant Group, Inc., and Shake Shack, Inc. Active stocks in the industry are Dine Brands Global Inc, Jack In The Box Inc., and Chuy's Holdings, Inc., with turnover rates of 3.24%, 2.22%, and 1.67%, respectively. Stocks with significant amplitude include Pinstripes Holdings, Inc., Rave Restaurant Group, Inc., and PETZ, with fluctuations of 11.35%, 8.97%, and 8.94% respectively.

Tenet Health Holdings is involved in the manufacture and sale of pet food and restaurant services, operating through two main divisions. The restaurant business is the company's primary focus and the major source of its revenue.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.