Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Petros Pharmaceuticals Inc (NASDAQ: PTPI) closed the day trading at $0.38 up 3.32% from the previous closing price of $0.36. In other words, the price has increased by $3.32 from its previous closing price. On the day, 0.59 million shares were traded. PTPI stock price reached its highest trading level at $0.38 during the session, while it also had its lowest trading level at $0.3518.
Ratios:
For a better understanding of PTPI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 2.32 whereas as Long-Term Debt/Eq ratio is at 1.58.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PTPI now has a Market Capitalization of 3766604 and an Enterprise Value of 3994312. Its current Enterprise Value per Revenue stands at 0.969 whereas that against EBITDA is -0.394.
Stock Price History:
Over the past 52 weeks, PTPI has reached a high of $2.27, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 14.96%, while the 200-Day Moving Average is calculated to be -18.46%.
Shares Statistics:
Over the past 3-months, PTPI traded about 1.96M shares per day on average, while over the past 10 days, PTPI traded about 2554120 shares per day. A total of 10.01M shares are outstanding, with a floating share count of 9.13M. Insiders hold about 8.87% of the company’s shares, while institutions hold 1.81% stake in the company. Shares short for PTPI as of 1730332800 were 199192 with a Short Ratio of 0.33, compared to 1727654400 on 294901. Therefore, it implies a Short% of Shares Outstanding of 199192 and a Short% of Float of 2.19.
