PSQ (NYSE:PSQH) Price Target Cut to $3.50 by Analysts at Roth Mkm

PSQ (NYSE:PSQH) had its price target reduced by Roth Mkm from $5.00 to $3.50 in a research report report published on Thursday,Benzinga reports. They currently have a buy rating on the stock.

PSQ Stock Down 4.5 %

PSQH traded down $0.11 during trading on Thursday, hitting $2.35. The company had a trading volume of 412,413 shares, compared to its average volume of 132,992. The firm’s 50-day moving average price is $2.67 and its 200 day moving average price is $3.09. The company has a quick ratio of 1.72, a current ratio of 1.90 and a debt-to-equity ratio of 6.46. PSQ has a one year low of $2.23 and a one year high of $6.82. The company has a market capitalization of $73.77 million, a PE ratio of -1.79 and a beta of 0.34.

PSQ (NYSE:PSQH) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.40) by ($0.01). The company had revenue of $6.54 million during the quarter, compared to the consensus estimate of $6.52 million. PSQ had a negative net margin of 227.52% and a negative return on equity of 404.92%. During the same period in the previous year, the company earned ($0.49) EPS. As a group, equities analysts expect that PSQ will post -1.62 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Kelly Lynn Loeffler acquired 1,203,704 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were purchased at an average price of $2.70 per share, for a total transaction of $3,250,000.80. Following the completion of the acquisition, the director now directly owns 1,203,704 shares in the company, valued at $3,250,000.80. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 32.11% of the stock is owned by company insiders.

PSQ Company Profile

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.