Dogness International Corp (DOGZ, Financial) experienced a notable stock price increase of 5.83%. The shares were trading at $36.47 with a trading volume of 515,168 shares, a turnover rate of 4.05%, and a price fluctuation rate of 9.14%.
According to the latest financial report, Dogness reported revenues of $6.67 million but a net loss of $3.20 million, resulting in earnings per share of -$0.30 and a gross profit of $1.31 million. The price-to-earnings ratio stands at -9.80, indicating challenges in profitability. As of now, no institutions have issued recommendations to buy, hold, or sell the stock.
Within the leisure and entertainment sector, Dogness' industry peers saw an overall increase of 0.67%. Notable gainers included Carnival PLC, Amer Sports, and Plby Group, Inc., while active stocks with high turnover included Sacks Parente Golf, Inc., Dogness, and Jinsheng Youle. Stocks with significant price fluctuations were Jinsheng Youle, SRM Entertainment, Inc., and Connexa Sports Technologies Inc.
Dogness designs and manufactures a range of pet products, including leashes and smart products. The company produces stylish, high-quality collars, harnesses, and smart pet products, and provides services such as dyeing and pet grooming. The business primarily derives revenue from mainland China and has operations across the United States, Europe, Australia, Canada, Latin America, Japan, and other Asian markets.
