Pet Valu (OTCMKTS:PTVLF) Stock Price Down 2.3% – What’s Next?

Pet Valu Holdings Ltd. (OTCMKTS:PTVLF) traded down 2.3% during trading on Wednesday . The company traded as low as $16.46 and last traded at $16.46. 13,438 shares were traded during mid-day trading, an increase of 253% from the average session volume of 3,805 shares. The stock had previously closed at $16.85.

Pet Valu Stock Performance

The company’s 50 day simple moving average is $20.28 and its two-hundred day simple moving average is $22.33.

Pet Valu Company Profile

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.