PetMed Express Inc. (PETS) Plunges 6.46% on January 10

PetMed Express Inc. (PETS) Plunges 6.46% on January 10

PetMed Express Inc. (PETS) had a rough trading day for Thursday January 10 as shares tumbled 6.46%, or a loss of $-1.57 per share, to close at $22.75. After opening the day at $24.21, shares of PetMed Express Inc. traded as high as $24.21 and as low as $22.74. Volume was 745,518 shares over 6,183 trades, against an average daily volume of n/a shares and a total float of 20.67 million.

As a result of the decline, PetMed Express Inc. now has a market cap of $470.33 million.

The stock has a P/E Ratio of 11.7.

PetMed Express Inc along with its and subsidiaries is a leading nationwide pet pharmacy. The company markets prescription and non-prescription pet medications, health products, and supplies for dogs and cats, direct to the consumer. The company generates its revenue by selling pet medications and pet supplies primarily to retail consumers.

PetMed Express Inc. is based out of Delray Beach, FL and has some 187 employees. Its CEO is Menderes Akdag.

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