PSQ (NYSE:PSQH) Issues Earnings Results

PSQ (NYSE:PSQH) announced its quarterly earnings data on Thursday. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.06), Zacks reports. The company had revenue of $7.21 million for the quarter, compared to analysts’ expectations of $7.47 million. PSQ had a negative return on equity of 404.92% and a negative net margin of 227.52%.

PSQ Trading Up 12.5 %

PSQH traded up $0.29 on Friday, reaching $2.65. 1,080,523 shares of the company’s stock were exchanged, compared to its average volume of 1,061,242. The company’s 50 day moving average is $3.56 and its 200-day moving average is $3.22. The company has a market cap of $92.26 million, a price-to-earnings ratio of -2.11 and a beta of -0.21. PSQ has a twelve month low of $2.00 and a twelve month high of $7.77. The company has a debt-to-equity ratio of 6.46, a quick ratio of 1.72 and a current ratio of 1.90.

Wall Street Analysts Forecast Growth

Separately, Maxim Group started coverage on shares of PSQ in a report on Wednesday, January 15th. They set a “buy” rating and a $8.00 price objective on the stock.

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.