PSQ Holdings, Inc. (NYSE:PSQH - Get Free Report) CFO Bradley Searle acquired 3,281 shares of the company's stock in a transaction that occurred on Wednesday, December 11th. The stock was purchased at an average cost of $4.10 per share, with a total value of $13,452.10. Following the completion of the purchase, the chief financial officer now directly owns 425,000 shares in the company, valued at $1,742,500. This represents a 0.78 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
PSQ Price Performance
PSQH opened at $4.10 on Friday. The company has a debt-to-equity ratio of 6.46, a current ratio of 1.90 and a quick ratio of 1.72. The company's 50 day simple moving average is $2.91 and its 200 day simple moving average is $2.98. PSQ Holdings, Inc. has a 1 year low of $2.00 and a 1 year high of $7.77.
PSQ (NYSE:PSQH - Get Free Report) last issued its earnings results on Tuesday, November 12th. The company reported ($0.41) EPS for the quarter, missing analysts' consensus estimates 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 business had revenue of $6.54 million during the quarter, compared to analysts' expectations of $6.52 million. During the same period in the prior year, the business posted ($0.49) EPS. On average, equities analysts forecast that PSQ Holdings, Inc. will post -1.59 EPS for the current year.
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Separately, Roth Mkm reduced their price objective on PSQ from $5.00 to $3.50 and set a "buy" rating on the stock in a research report on Thursday, November 14th.
View Our Latest Stock Analysis on PSQH
Institutional Investors Weigh In On PSQ
An institutional investor recently raised its position in PSQ stock. Geode Capital Management LLC increased its position in PSQ Holdings, Inc. (NYSE:PSQH - Free Report) by 28.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 199,185 shares of the company's stock after purchasing an additional 44,282 shares during the quarter. Geode Capital Management LLC owned 0.63% of PSQ worth $490,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 17.32% of the company's stock.
PSQ Company Profile
(
Get Free Report)
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.
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