A Reversal for PetIQ, Inc. (PETQ) Is Not Near. The Stock Rises Again

March 14, 2018 - By Dolores Ford

The stock of PetIQ, Inc. (NASDAQ:PETQ) is a huge mover today! The stock increased 9.60% or $2.19 during the last trading session, reaching $25. About 2.31 million shares traded or 995.34% up from the average. PetIQ, Inc. (NASDAQ:PETQ) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.
The move comes after 8 months positive chart setup for the $642.27 million company. It was reported on Mar, 14 by Barchart.com. We have $27.00 PT which if reached, will make NASDAQ:PETQ worth $51.38 million more.

More notable recent PetIQ, Inc. (NASDAQ:PETQ) news were published by: Globenewswire.com which released: “PetIQ, Inc. Announces the Expansion of its Veterinary Services Offering in the …” on March 13, 2018, also Globenewswire.com with their article: “PetIQ, Inc. Reports Third Quarter Fiscal 2017 Financial Results” published on November 06, 2017, Globenewswire.com published: “PetIQ, Inc. to Report Fourth Quarter and Fiscal 2017 Results on Tuesday, March …” on February 26, 2018. More interesting news about PetIQ, Inc. (NASDAQ:PETQ) were released by: Globenewswire.com and their article: “PetIQ, Inc. Announces Pricing of Initial Public Offering” published on July 20, 2017 as well as Globenewswire.com‘s news article titled: “PetIQ, Inc. to Participate in the 2018 ICR Conference” with publication date: December 20, 2017.

PetIQ, Inc. develops, manufactures, and sells pet medications, and health and wellness products for dogs and cats in the United States, Canada, and Europe. The company has market cap of $642.27 million. It offers pet prescription medications, including products for arthritis, thyroid, and diabetes and pain treatments, as well as heartworm preventatives, antibiotics, and other specialty medications; over-the-counter medications and supplies, such as flea and tick control products in various forms comprising spot on treatments, chewables, and collars; and health and wellness products consisting of specialty treats and other pet products, which include dental treats and nutritional supplements. It currently has negative earnings. The firm provides its products under the PetIQ, PetAction, Advecta, PetLock, Heart Shield, TruProfen, Betsy Farms, Minties, Vera, Delightibles, vetGuard, MimiÂ’s Market, PAWS IQ, VET + CHOICE, VET WORKS, TEX RANCH and VetIQ brands.

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