PSQ Holdings Inc (NYSE:PSQH) does about 3.61M shares in volume on a normal day but saw 4083976 shares change hands in the recent trading day. The company now has a market cap of 179.70M USD. Its current market price is $4.50, marking an increase of 11.94% compared to the previous close of $4.02. The 52 week high reached by this stock is $7.77 whilst the lowest price level in 52 weeks is $2.00.
PSQ Holdings Inc (PSQH) has a 20-day trading average at $2.97 and the current price is -42.08% off the 52-week high compared with 125.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.81 and its 200-day simple moving average is $3.43. If we look at the stock’s price movements over the week, volatility stands at 41.74%, which decreases to 15.73% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.31 to suggest the stock is neutral.
The consensus objective for the share price is $3.50, suggesting that the stock has a potential downside of -28.57% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 14, 2023 when ROTH MKM initiated the stock to “Buy” and issued a price target of $8.50.
The current price level is 51.36%, 60.06%, and 31.18% away from its SMA20, SMA50, and SMA200 respectively, with the PSQH price moving below the 50-day SMA on current market day. PSQ Holdings Inc (PSQH) stock is up 118.45% over the week and 53.06% over the past month. Its price is -14.12% year-to-date and -16.04% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -28.57 percent from here.
The company has a return on investment of -129.01% and return on equity of -535.97%. The beta has a value of 0.17. Price to book ratio is 33.39 and price to sales ratio is 9.59.
