16.2 C
New York
Wednesday, June 23, 2021

Why TDH Holdings Inc (PETZ) stock lost in the after-hours what it gained in normal trading on Monday?

TDH Holdings Inc (PETZ) stock gained 8.33% in the normal trading session on Monday, April 26, 2021, to close at $2.47 per share but it lost 8.91% in the after-hours on Monday.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!


PETZ shares have surged142.16% over the last 12 months, and they have moved down by 8.86% in the past week. Over the past three months, the stock has gained 17.62%, while over the past six months, it has added 59.35%.

Let’s see what’s happening with PETZ.

Financial results

On April 26, 2021, TDH Holdings, Inc reported its financial results for the twelve months ended December 31, 2020.

FY 2020 financial Highlights

  • Total revenues were $0.82 million in 2020 from $12.65 million in 2019.
  • The cost of revenues was $0.86 million for the year 2020 compared to $14.17 million for 2019. 
  • For the year 2020, the gross loss was $0.04 million compared to the gross profit of $1.52 million for 2019.
  • General and administrative expenses were $1.77 million for FY 2020 compared to $3.70 million for 2019.
  • Selling expenses were $0.12 million for 2020 compared to $0.92 million for 2019.
  • TDH Holdings suffered an operating loss of $1.93 million for 2020 compared to an operating loss of $6.96 million for 2019.
  • Net loss was $0.87 million or loss per share of $0.02 for the year 2020, compared to a net loss of $8.63 million or loss per share of $0.41 for 2019.
  • As of December 31, 2020, the Company had cash, cash equivalents, and restricted cash of $6.75 million, compared to $6.50 million on December 31, 2019.

About the company

TDH Holdings Inc was founded in April 2002, and it is a developer, manufacturer, and distributor of a variety of pet food products under multiple brands that are sold in China, Asia, and Europe.

Recent developments

  • In 2017, Tiandihui Company was successfully listed in the United States.
  • In 2016 it formally established a cooperative relationship with China Agricultural University.
  • In 2015 The fourth factory of Tiandihu, Pude Factory was formally established.
  • In 2014 The third factory of Tiandihui-Haiqing Factory was formally established


The financial results announcement was the reason behind its loss on Monday and we can expect it to decline further because there is a huge decrease in revenue compared to the previous financial year.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam

Get The Best Stocks To Trade Every Day!

Join now to get the Newsheater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.