An issue of PetSmart, Inc. (NASDAQ:PETM) debt rose 2% against its face value during trading on Thursday. The high-yield debt issue has a 7.125% coupon and is set to mature on March 15, 2023. The debt is now trading at $64.88 and was trading at $58.75 last week. Price moves in a company’s debt in credit markets sometimes anticipate parallel moves in its share price.

Shares of PetSmart, Inc. (NASDAQ PETM) remained flat at $$82.98 during trading on Thursday. The firm has a market capitalization of $8,250.00, a PE ratio of 19.48 and a beta of 0.54. PetSmart, Inc. has a fifty-two week low of $55.00 and a fifty-two week high of $83.49.

ILLEGAL ACTIVITY WARNING: “PetSmart (PETM) Bonds Rise 2% During Trading” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at

PetSmart Company Profile

PetSmart, Inc is a United States-based company, which is a pet retailer of services and solutions for the needs of pets. The Company provides a range of pet food and pet products. The Company offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp day care services and pet adoption services in-store.

Receive News & Ratings for PetSmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PetSmart and related companies with's FREE daily email newsletter.