PSQ (NYSE:PSQH) Shares Up 3.1%

PSQ Holdings, Inc. (NYSE:PSQH) was up 3.1% on Tuesday . The stock traded as high as $2.70 and last traded at $2.70. Approximately 71,106 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 121,706 shares. The stock had previously closed at $2.62.

Analyst Ratings Changes

Separately, Roth Mkm restated a “buy” rating and issued a $7.50 price target (down previously from $8.50) on shares of PSQ in a research report on Thursday, May 16th.

PSQ Stock Performance

The business’s 50-day simple moving average is $2.93 and its 200-day simple moving average is $3.72. The company has a market cap of $77.80 million, a price-to-earnings ratio of -0.11 and a beta of 0.40. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.87 and a quick ratio of 1.72.

PSQ (NYSE:PSQH) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.28) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.02. PSQ had a negative return on equity of 348.34% and a negative net margin of 349.52%. The company had revenue of $5.99 million during the quarter, compared to the consensus estimate of $7.32 million. Research analysts predict that PSQ Holdings, Inc. will post -1.62 earnings per share for the current fiscal year.

Institutional Investors Weigh In On PSQ

A hedge fund recently bought a new stake in PSQ stock. Financial Advocates Investment Management bought a new position in PSQ Holdings, Inc. (NYSE:PSQH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,395 shares of the company’s stock, valued at approximately $65,000. 17.32% of the stock is currently owned by institutional investors and hedge funds.

About PSQ

PSQ Holdings, Inc, together with its subsidiaries, operates an online marketplace through advertising and eCommerce in the United States. It operates through two segments, Marketplace and Brands segments. The PSQ platform is accessible through its mobile application and website. The company also sells diapers and wipes to mothers online under the EveryLife brand name.