Petmed Express Inc (Nasdaq:PETS) Hits 52 Week Low

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Stranded freeimages.com/stephie
Stranded freeimages.com/stephie

Petmed Express Inc (Nasdaq:PETS)

December 5th, 2018
Amidst falling markets Petmed Express Inc fell $0.94 Tuesday which equals a 3.86% drop, closing at $23.42. As well as the drop in value, Petmed Express Inc hit a new 52 week low of $23.20, breaking the previous low of $23.45 from earlier this July.

PETS outperformed the rest of the Consumer Discretionary sector which went down only 3.91% today.

Forecasts from 3 analysts points to the possibility that Petmed Express Inc could go up significantly (41%), while Finbox has calculated (with low uncertainty) a fair value price of $29.83.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector falling 13%.

Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary saw turn arounds from their five day positive performance, Industrials with a drop of 4.35%.

Sector Breakdown

  • Utilities went up with a 0.15% change.
  • Real Estate went down with a -1.26% change.
  • Consumer Staples went down with a -1.63% change.
  • Healthcare went down with a -2.30% change.
  • Energy went down with a -2.93% change.
  • Materials went down with a -3.08% change.
  • Communication Services went down with a -3.14% change.
  • Information Technology went down with a -3.86% change.
  • Consumer Discretionary went down with a -3.91% change.
  • Industrials went down with a -4.35% change.
  • Financials went down with a -4.40% change.

PetMed Express is based in Pompano Beach. PetMed Express was founded in 1996.

Petmed Express Inc Info

PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. It markets prescription and non-prescription pet medications, and other health products for dogs and cats directly to the consumers. The company offers non-prescription medications and supplies, including flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and supplies; and prescription medications, such as heartworm preventative, flea and tick preventative, arthritis, thyroid, diabetes, pain, heart/blood pressure, and other specialty medications, as well as generic substitutes. It also sells food, beds, crates, stairs, strollers, and other pet supplies. The company sells its products through its Internet Website; telephone contact center; and direct mail/print through brochures and postcards. PetMed Express, Inc. was founded in 1996 and is headquartered in Delray Beach, Florida.

All amounts in USD unless otherwise indicated

PETS daily update
PETS daily update


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