TDH Holdings’ (NASDAQ:PETZ) quiet period is set to expire 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, underwriters and any insiders involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
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TDH Holdings (PETZ) opened at 15.70 on Monday. The stock’s 50 day moving average price is $21.19 and its 200 day moving average price is $21.19. TDH Holdings has a 52 week low of $6.02 and a 52 week high of $31.75. The stock’s market cap is $144.83 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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