PetSmart, Inc. (PETM) Bonds Rise 1% During Trading

An issue of PetSmart, Inc. (NASDAQ:PETM) debt rose 1% as a percentage of its face value during trading on Wednesday. The high-yield issue of debt has a 7.125% coupon and is set to mature on March 15, 2023. The debt is now trading at $92.75 and was trading at $95.25 last week. Price changes in a company’s debt in credit markets sometimes predict parallel changes in its stock price.

PetSmart, Inc. (NASDAQ:PETM) traded up 0% during trading on Wednesday, hitting $83. PetSmart, Inc. has a 52 week low of $55.00 and a 52 week high of $83.00. The company has a 50 day moving average of $82.00 and a 200-day moving average of $79.00.

WARNING: This story was reported by Community Financial News and is owned by of Community Financial News. If you are reading this story on another website, it was copied illegally and reposted in violation of US and international copyright & trademark legislation. The original version of this story can be accessed at https://www.com-unik.info/2017/04/19/petsmart-inc-petm-bond-prices-rise-1-updated-updated.html.

PetSmart Company Profile

PetSmart, Inc is a United States-based company, which is a pet retailer of services and solutions for the needs of pets. The Company provides a range of pet food and pet products. The Company offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp day care services and pet adoption services in-store.

5 Day Chart for NASDAQ:PETM

What are top analysts saying about PetSmart Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for PetSmart Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit