PSQ (NYSE:PSQH) Given New $3.50 Price Target at Roth Mkm

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

PSQ Price Performance

NYSE PSQH traded down $0.11 during trading on Thursday, reaching $2.35. 412,413 shares of the company traded hands, compared to its average volume of 132,992. The company has a market cap of $73.77 million, a price-to-earnings ratio of -1.79 and a beta of 0.34. PSQ has a 1-year low of $2.23 and a 1-year high of $6.82. The stock’s 50 day moving average price is $2.67 and its two-hundred day moving average price is $3.09. The company has a debt-to-equity ratio of 6.46, a quick ratio of 1.72 and a current ratio of 1.90.

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

Insider Activity

In other news, Director Kelly Lynn Loeffler purchased 1,203,704 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were acquired at an average price of $2.70 per share, with a total value of $3,250,000.80. Following the acquisition, the director now directly owns 1,203,704 shares in the company, valued at approximately $3,250,000.80. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 32.11% of the company’s 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.