Why Do You Need To Add Petros Pharmaceuticals Inc (PTPI) To Your Portfolio?

Petros Pharmaceuticals Inc (NASDAQ:PTPI) has a beta value of 2.11 and has seen 8.04 million shares traded in the last trading session. The company, currently valued at $3.11M, closed the last trade at $0.33 per share which meant it lost -$0.02 on the day or -5.83% during that session. The PTPI stock price is -587.88% off its 52-week high price of $2.27 and 33.33% above the 52-week low of $0.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.06 million shares traded. The 3-month trading volume is 210.44K shares.

Petros Pharmaceuticals Inc (NASDAQ:PTPI) trade information

Sporting -5.83% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PTPI stock price touched $0.33 or saw a rise of 12.0%. Year-to-date, Petros Pharmaceuticals Inc shares have moved -76.61%, while the 5-day performance has seen it change -1.55%. Over the past 30 days, the shares of Petros Pharmaceuticals Inc (NASDAQ:PTPI) have changed 16.37%. Short interest in the company has seen 0.2 million shares shorted with days to cover at 0.72.

Petros Pharmaceuticals Inc (PTPI) estimates and forecasts

The company’s shares have lost -20.63% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -6.67%.

1 analysts offering their estimates for the company have set an average revenue estimate of 1.28M for the current quarter.

PTPI Dividends

Petros Pharmaceuticals Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Petros Pharmaceuticals Inc (NASDAQ:PTPI)’s Major holders

Insiders own 8.10% of the company shares, while shares held by institutions stand at 2.29% with a share float percentage of 2.49%. Investors are also buoyed by the number of investors in a company, with Petros Pharmaceuticals Inc having a total of 13.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . As of Oct 31, 2024 , the former fund manager holds about 0.35% shares in the company for having 35.02 shares of worth $11550.0 while later fund manager owns 31.81 shares of worth $10491.0 as of Sep 30, 2024 , which makes it owner of about 0.32% of company’s outstanding stock.