Insider Buying: PSQ Holdings, Inc. (NYSE:PSQH) Director Buys $3,250,000.80 in Stock

PSQ Holdings, Inc. (NYSE:PSQH) Director Kelly Lynn Loeffler purchased 1,203,704 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The shares were purchased 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 directly owns 1,203,704 shares of the company’s stock, valued at $3,250,000.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

PSQ Stock Performance

NYSE PSQH opened at $3.10 on Thursday. PSQ Holdings, Inc. has a fifty-two week low of $2.25 and a fifty-two week high of $7.01. The stock’s fifty day moving average is $2.63 and its two-hundred day moving average is $3.18. The firm has a market capitalization of $87.69 million, a P/E ratio of -0.13 and a beta of 0.39. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.72 and a current ratio of 1.87.

PSQ (NYSE:PSQH) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.28) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.02. PSQ had a negative return on equity of 348.34% and a negative net margin of 349.52%. The company had revenue of $5.99 million for the quarter, compared to the consensus estimate of $7.32 million. On average, research analysts anticipate that PSQ Holdings, Inc. will post -1.62 earnings per share for the current year.

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.