Dogness (International) Corporation’s (NASDAQ:DOGZ) Shares Climb 53% But Its Business Is Yet to Catch Up
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Those holding Dogness (International) Corporation (NASDAQ:DOGZ) shares would be relieved that the share price has rebounded 53% in the last thirty days, but it needs to keep going to repair the recent damage it has caused to investor portfolios. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 16% in the last twelve months.
Since its price has surged higher, given around half the companies in the United States’ Luxury industry have price-to-sales ratios (or “P/S”) below 0.6x, you may consider Dogness (International) as a stock to avoid entirely with…