PSQ Holdings, Inc. (NYSE:PSQH – Get Free Report)’s stock price was down 5.5% during trading on Wednesday . The company traded as low as $2.69 and last traded at $2.76. Approximately 385,918 shares were traded during mid-day trading, an increase of 195% from the average daily volume of 130,861 shares. The stock had previously closed at $2.92.
Wall Street Analyst Weigh In
Separately, Roth Mkm restated a “buy” rating and set a $7.50 price target (down from $8.50) on shares of PSQ in a research report on Thursday, May 16th.
Check Out Our Latest Analysis on PSQ
PSQ Stock Down 3.2 %
PSQ (NYSE:PSQH – Get Free Report) last posted its quarterly earnings results on Wednesday, May 15th. The company reported ($0.37) EPS for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.02. The company had revenue of $3.47 million during the quarter, compared to analyst estimates of $3.39 million. PSQ had a negative net margin of 674.94% and a negative return on equity of 762.28%. As a group, sell-side analysts forecast that PSQ Holdings, Inc. will post -1.25 earnings per share for the current year.
Institutional Trading of PSQ
Several large investors have recently modified their holdings of the business. Capital Investment Counsel Inc bought a new stake in shares of PSQ in the 4th quarter worth approximately $60,000. Financial Advocates Investment Management bought a new stake in PSQ in the fourth quarter valued at $65,000. Finally, Calton & Associates Inc. purchased a new position in PSQ during the 4th quarter valued at $431,000. 17.32% of the stock is owned by institutional investors.
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.
See Also
- Five stocks we like better than PSQ
- How to Invest in Biotech Stocks
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- What Are Growth Stocks and Investing in Them
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- What Are Dividend Contenders? Investing in Dividend Contenders
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for PSQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PSQ and related companies with MarketBeat.com's FREE daily email newsletter.