In the latest trading session, 70.8 million PSQ Holdings Inc (NYSE:PSQH) shares changed hands as the company’s beta touched 0.16. With the company’s most recent per share price at $3.93 changing hands around $1.87 or 90.78% at last look, the market valuation stands at $136.62M. PSQH’s current price is a discount, trading about -73.54% off its 52-week high of $6.82. The share price had its 52-week low at $2.00, which suggests the last value was 49.11% up since then. When we look at PSQ Holdings Inc’s average trading volume, we note the 10-day average is 0.28 million shares, with the 3-month average coming to 180.51K.
PSQ Holdings Inc (NYSE:PSQH) trade information
Instantly PSQH is in green as seen in intraday trades today. With action 87.14%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -25.00%, with the 5-day performance at 87.14% in the green. However, in the 30-day time frame, PSQ Holdings Inc (NYSE:PSQH) is 40.36% up. Looking at the short shares, we see there were 1.15 million shares sold at short interest cover period of 6.51 days.
PSQ Holdings Inc (PSQH) estimates and forecasts
Data shows that the PSQ Holdings Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 21.67% over the past 6 months, a 11.17% in annual growth rate that is considerably lower than the industry average of 16.80%. Year-over-year growth is forecast to reach 312.28% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 7.45M. 1 analysts are of the opinion that PSQ Holdings Inc’s revenue for the current quarter will be 8.3M. The company’s revenue for the corresponding quarters a year ago was 2.75M and 3.47M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 171.17%. The estimates for the next quarter sales put growth at 139.51%.
The 2024 estimates are for PSQ Holdings Inc earnings to increase by 34.57%.
PSQH Dividends
PSQ Holdings Inc is expected to release its next quarterly earnings report in January.
PSQ Holdings Inc (NYSE:PSQH)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 38.40% of PSQ Holdings Inc shares while 11.78% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 19.12%.
Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund. With 199.86 shares estimated at $0.78 million under it, the former controlled 0.63% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 0.60% of the shares, roughly 188.9 shares worth around $0.74 million.
