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DOGZ - Dogness Looks Overvalued Based On Fundamentals
December, 28 2021 04:52 PM
Dogness Corporation
The company makes pet products in China and has been shifting its business towards smart products. It seems that Dogness could see significant growth in sales in FY22, but this hardly justifies a market valuation of $243.3 million. There could be significant retail investor interest as the company is popular on several social media websites. I think this one looks like a sell, and put options could be a more viable idea than short-selling as the short borrow fee rate stands at over 60%. For further details see:
Dogness Looks Overvalued Based On Fundamentals
Stock Information
Company Name:
Dogness Corporation
Stock Symbol:
DOGZ
Market:
NASDAQ
Website:
dognesspet.com
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