|Bid||32.44 x 3200|
|Ask||32.53 x 800|
|Day's Range||32.37 - 33.17|
|52 Week Range||27.10 - 57.00|
|Beta (5Y Monthly)||0.58|
|PE Ratio (TTM)||21.40|
|Forward Dividend & Yield||1.20 (3.61%)|
|Ex-Dividend Date||May 13, 2021|
|1y Target Est||N/A|
Does the June share price for PetMed Express, Inc. ( NASDAQ:PETS ) reflect what it's really worth? Today, we will...
The stock market has seen a lot of violent moves among individual stocks lately, and that's played a role in the volatility in the Nasdaq Composite (NASDAQINDEX: ^IXIC). As of 12:30 p.m. EDT, most major market benchmarks were little changed, but the Nasdaq was down almost a full percentage point. Investors are paying a lot of attention to so-called "meme stocks," especially those in which large institutional investment companies have taken significant short positions.
Shares of PetMed Express (NASDAQ: PETS) were sinking 22.8% as of 10:54 a.m. EDT on Thursday. Lebiedzinksi's downgrade of PetMed came following a big spike for the online pet pharmacy stock on Wednesday. This sizzling gain appeared to be related to traders in some online communities viewing PetMed Express as a good short squeeze candidate.