China-based Pet Products Manufacturer Dogness Corporation (DOGZ), has drawn significant investor attention because of its potential to reap the benefits from growing pet-tech product demand that will improve life quality and overall health. But given the company’s poor profitability and inability to generate robust cash flow, is it worth betting on the stock now? Let’s discuss.Headquartered in Dongguan, China, Dogness (International) Corporation (DOGZ) designs, manufactures and sells fashionable dog and cat products. Its fully integrated vertical supply chain ensures the highest quality and has world-class R&D capabilities.

By strategically allocating resources to manufacture and promote relatively high intelligent pet products within the integrated smart pet ecosystem, DOGZ’s stock has witnessed strong price performance over the past months. Over the last month, it has increased 36.7% and is up 106.6% for the year.

However, the company’s negative profit margins and higher-than-industry-average valuation could make investors nervous and cause its share price to retreat in the near term.

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