TDH (NASDAQ:PETZ) Shares Down 3% – Time to Sell?

TDH Holdings, Inc. (NASDAQ:PETZ)’s share price traded down 3% during mid-day trading on Monday . The stock traded as low as $0.9220 and last traded at $0.96. 42,647 shares traded hands during mid-day trading, an increase of 441% from the average session volume of 7,880 shares. The stock had previously closed at $0.99.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of TDH in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, TDH has a consensus rating of “Sell”.

TDH Stock Performance

The company’s 50 day moving average price is $1.03 and its two-hundred day moving average price is $1.04.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TDH stock. Citadel Advisors LLC purchased a new stake in shares of TDH Holdings, Inc. (NASDAQ:PETZ) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned 0.33% of TDH as of its most recent SEC filing. Institutional investors and hedge funds own 0.01% of the company’s stock.

About TDH

PETZ Ltd. (NASDAQ: PETZ) is a leading specialty retailer in the pet care sector, offering a comprehensive range of products and services for companion animals. The company’s retail footprint spans both brick-and-mortar stores and an e-commerce platform, providing customers with pet food, accessories, supplies and healthcare solutions. In addition to its merchandise offerings, PETZ operates in-store veterinary clinics, grooming salons and boarding facilities, positioning itself as a one-stop destination for pet owners seeking convenience and expertise.

Founded in 2002 by Aristides V.