PSQ (NYSE:PSQH) Price Target Lowered to $3.50 at Roth Mkm

PSQ (NYSE:PSQH - Free Report) had its price objective trimmed by Roth Mkm from $5.00 to $3.50 in a research note released on Thursday,Benzinga reports. The firm currently has a buy rating on the stock.

PSQ Trading Down 3.5 %

PSQ stock traded down $0.09 during trading hours on Thursday, reaching $2.46. 129,699 shares of the company's stock traded hands, compared to its average volume of 131,726. PSQ has a fifty-two week low of $2.25 and a fifty-two week high of $6.82. The firm has a market capitalization of $77.22 million, a price-to-earnings ratio of -1.95 and a beta of 0.34. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.72 and a current ratio of 1.87. The firm's 50 day moving average is $2.67 and its 200-day moving average is $3.09.

PSQ (NYSE:PSQH - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.41) EPS for the quarter, missing analysts' consensus estimates 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 336.34%. During the same quarter in the prior year, the company posted ($0.49) EPS. On average, analysts predict that PSQ will post -1.62 earnings per share for the current year.

Insider Activity at PSQ

In other news, Director Kelly Lynn Loeffler bought 1,203,704 shares of the stock in a transaction on Thursday, October 24th. The stock was purchased at an average price of $2.70 per share, for a total transaction of $3,250,000.80. Following the acquisition, the director now owns 1,203,704 shares in the company, valued at approximately $3,250,000.80. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 32.11% of the stock is owned by corporate 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.