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Pet Food News
on July 26, 2010

PetSmart stock shows bearish price movement

Free stock report available online

PetSmart (Nasdaq: PETM) closed Wednesday at US$31.30, with indicators the stock could become even more bearish.

So far, the stock has hit a 52-week low of US$19.50 and a 52-week high of US$34.93, and technical indicators show the stock may drop further from its current price. S&P gave PETM a neutral 3 out of 5 star hold rating, and the company's annual dividend yield is currently at 1.26%.

A free stock report for PetSmart is available online.

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