Pet Valu (OTCMKTS:PTVLF) Trading Up 1.4% – Should You Buy?

Shares of Pet Valu Holdings Ltd. (OTCMKTS:PTVLFGet Free Report) shot up 1.4% during mid-day trading on Friday . The company traded as high as $13.30 and last traded at $13.30. Approximately 10,681 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 16,812 shares. The stock had previously closed at $13.12.

Pet Valu Price Performance

The business has a 50 day moving average price of $13.31 and a two-hundred day moving average price of $16.93.

About Pet Valu

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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.

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