PSQ (NYSE:PSQH) Announces Quarterly Earnings Results

PSQ (NYSE:PSQH) released its quarterly earnings results on Tuesday. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.01), Zacks reports. PSQ had a negative return on equity of 336.34% and a negative net margin of 227.52%. The company had revenue of $6.54 million for the quarter, compared to analyst estimates of $6.52 million. During the same period in the previous year, the business posted ($0.49) EPS.

PSQ Stock Down 12.4 %

PSQH stock opened at $2.54 on Thursday. PSQ has a twelve month low of $2.25 and a twelve month high of $7.01. The company has a current ratio of 1.87, a quick ratio of 1.72 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $79.74 million, a P/E ratio of -2.02 and a beta of 0.34. The firm has a 50 day simple moving average of $2.67 and a 200-day simple moving average of $3.09.

Insider Transactions at PSQ

In related news, Director Kelly Lynn Loeffler purchased 1,203,704 shares of the firm’s stock in a transaction dated Thursday, October 24th. The stock was acquired at an average price of $2.70 per share, with a total value of $3,250,000.80. Following the completion of the transaction, the director now owns 1,203,704 shares of the company’s stock, valued at $3,250,000.80. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate 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.