TDH Holdings, Inc.’s Quiet Period To End on October 31st (NASDAQ:PETZ)
TDH Holdings’ (NASDAQ:PETZ) quiet period will end on Tuesday, October 31st. TDH Holdings had issued 1,325,000 shares in its IPO on September 21st. The total size of the offering was $5,631,250 based on an initial share price of $4.25. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
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Shares of TDH Holdings (PETZ) opened at 25.00 on Tuesday. The stock has a 50 day moving average price of $20.70 and a 200 day moving average price of $20.70. TDH Holdings has a 1-year low of $6.02 and a 1-year high of $31.75. The stock’s market capitalization is $230.63 million.
About TDH Holdings
TDH Holdings, Inc is engaged in manufacturing of pet foods. The Company provides pet food for pet owners in China and worldwide. The Company’s pet food includes food for dog and cat. The Company offers its products in a range of categories, including dry food, wet food and treats. Dry food is the primary food form for both dogs and cats.
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