What’s going on with DOGZ?
Shares of Dogness (International) Corporation (DOGZ) fell today after the company, a developer and manufacturer of private label pet products, today announcement its Discover Smart GPS Pet Tracker has become the 2n/a most popular product in its category in China after only three weeks on the market.
The Tracker is a virtual leash that shares the pet’s real-time location to its parent’s smartphone via the Dogness smartphone app.
Shares of DOGZ were down 1.18% at $7.56 at 11:09 a.m. Monday.
What does this mean for Dogness?
The Dogness’ Pet tracker combines a number of unique features such as a 4G SIM card for high location accuracy, a high capacity battery that provides over a week of operation per charge, software that allows owners to monitor their pets’ activity and health, and an alarm system that activates if a pet leaves or re-enters a user-defined virtual fence zone.
Silong Chen, President and CEO of Dogness, commented, “Our traditional and smart pet products have had successful launches in the past, but nothing can compare to the success of our new smart pet GPS tracker. state-of-the-art company. Obviously, Pet Safety is as important to pet owners as it is to Dogness.”
“We are excited about the long-term sales potential of our Discover Smart GPS Tracker, which combines precise tracking accuracy, small size, light weight and long battery life.”
With strong demand following the initial release, Dogness plans to expand availability in other key markets over the coming quarters, including North America, South America, Japan, Australia and Australia. Europe.
DOGZ has a long term technical rating of 100. Find out what this means for you and get the rest of the DOGZ rating!
Dogness (International) Corp designs, manufactures and distributes pet related products including fashionable and high quality leashes, collars and harnesses to complement the appearance of cats and dogs. The Company’s product portfolio includes the Smart Feeding series; Clever fun series; Healthy Water Series and Smart Tracking Series. Geographically, it generates maximum revenue in mainland China and also has a presence in the United States, Europe, Australia, Canada, Central and South America, Japan, and other Asian countries and regions.