Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Petros Pharmaceuticals Inc (NASDAQ: PTPI) closed at $0.31 down -10.00% from its previous closing price of $0.34. In other words, the price has decreased by -$10.00 from its previous closing price. On the day, 0.8 million shares were traded. PTPI stock price reached its highest trading level at $0.3583 during the session, while it also had its lowest trading level at $0.2808.
Ratios:
For a deeper understanding of Petros Pharmaceuticals Inc’s stock, let’s take a closer look at its various 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 3109626 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:
The Beta on a monthly basis for PTPI is 1.95, which has changed by -0.710084 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. 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 -4.48%, while the 200-Day Moving Average is calculated to be -30.93%.
Shares Statistics:
For the past three months, PTPI has traded an average of 2.01M shares per day and 2544260 over the past ten days. 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 0.32, compared to 1727654400 on 294901. Therefore, it implies a Short% of Shares Outstanding of 199192 and a Short% of Float of 2.19.
