Pet Valu (OTCMKTS:PTVLF) Trading 4.8% Higher – Still a Buy?

Pet Valu Holdings Ltd. (OTCMKTS:PTVLFGet Free Report) shares were up 4.8% during mid-day trading on Tuesday . The company traded as high as $13.20 and last traded at $13.20. Approximately 860 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 8,899 shares. The stock had previously closed at $12.6001.

Pet Valu Stock Up 4.8%

The business has a fifty day simple moving average of $15.00 and a 200-day simple moving average of $18.61.

About Pet Valu

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Pet Valu Inc is a specialty retailer of pet food, supplies and accessories headquartered in Markham, Ontario. The company operates a network of company-owned and franchised stores across Canada and the United States, offering an assortment of branded and private-label products for dogs, cats and small animals. In addition to hard goods such as bedding, toys and grooming supplies, Pet Valu locations often feature on-site grooming salons and self-serve pet wash stations to meet a range of customer needs.

Founded in 1976, Pet Valu established its business model on a franchise partnership structure, enabling local entrepreneurs to operate retail outlets under the Pet Valu banner.

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