Let’s look at the key reasons that are pushing Petmed Express, Inc (PETS) to new highs

Petmed Express, Inc (NASDAQ: PETS) on Friday, soared 8.29% from the previous trading day, before settling in for the closing price of $5.31. Within the past 52 weeks, PETS’s price has moved between $2.90 and $7.90.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 0.18%. The company achieved an average annual earnings per share of 167.57%. With a float of $17.87 million, this company’s outstanding shares have now reached $20.66 million.

Let’s determine the extent of company efficiency that accounts for 287 employees. In terms of profitability, gross margin is 25.74%, operating margin of -0.49%, and the pretax margin is -0.19%.

Petmed Express, Inc (PETS) Breakdown of a Key Holders of the stock

Observing investor behavior towards Pharmaceutical Retailers industry stocks is more important than anything else. The insider ownership of Petmed Express, Inc is 13.52%, while institutional ownership is 45.88%. The most recent insider transaction that took place on Dec 05 ’24, was worth 81,650. In this transaction Director of this company bought 15,000 shares at a rate of $5.44, taking the stock ownership to the 30,000 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Director bought 15,000 for $5.42, making the entire transaction worth $81,354. This insider now owns 85,000 shares in total.

Petmed Express, Inc (PETS) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 167.57% per share during the next fiscal year.

Petmed Express, Inc (NASDAQ: PETS) Trading Performance Indicators

Petmed Express, Inc (PETS) is currently performing well based on its current performance indicators. A quick ratio of 1.18 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach -0.07 in one year’s time.

Technical Analysis of Petmed Express, Inc (PETS)

Looking closely at Petmed Express, Inc (NASDAQ: PETS), its last 5-days average volume was 0.41 million, which is a jump from its year-to-date volume of 0.34 million. As of the previous 9 days, the stock’s Stochastic %D was 84.78%. Additionally, its Average True Range was 0.33.

During the past 100 days, Petmed Express, Inc’s (PETS) raw stochastic average was set at 93.75%, which indicates a significant increase from 87.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.84% in the past 14 days, which was lower than the 75.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.40, while its 200-day Moving Average is $4.16. However, in the short run, Petmed Express, Inc’s stock first resistance to watch stands at $6.01. Second resistance stands at $6.27. The third major resistance level sits at $6.59. If the price goes on to break the first support level at $5.42, it is likely to go to the next support level at $5.10. Now, if the price goes above the second support level, the third support stands at $4.84.

Petmed Express, Inc (NASDAQ: PETS) Key Stats

Market capitalization of the company is 128.65 million based on 20,663K outstanding shares. Right now, sales total 281,060 K and income totals -7,460 K. The company made 59,570 K in profit during its latest quarter, and 2,330 K in sales during its previous quarter.