Petros Pharmaceuticals Inc. [NASDAQ: PTPI] closed the trading session at $2.68 on 01/05/22. The day’s price range saw the stock hit a low of $2.53, while the highest price level was $3.04. The company report on December 28, 2021 that Petros Pharmaceuticals Announces Closing of $7.5 Million Offering.
Investors included the company’s largest shareholder.
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NEW YORK, Dec. 28, 2021 Petros Pharmaceuticals, Inc. (Nasdaq: PTPI), a leading provider of therapeutics for men’s health, today announced the closing of its previously announced registered direct offering and private placement with the company’s largest investor and other existing investors for gross proceeds of approximately $7.5 million. Petros Pharmaceuticals intends to use the net proceeds from this offering for expansion of its men’s health platform and for working capital and general corporate purposes.
The stocks have a year to date performance of -19.52 percent and weekly performance of -26.37 percent. The stock has been moved at -12.70 percent over the last six months. The stock has performed 22.37 percent around the most recent 30 days and changed 57.65 percent over the most recent 3-months.
If compared to the average trading volume of 17.88M shares, PTPI reached to a volume of 3715075 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Petros Pharmaceuticals Inc. [PTPI]:
The Average True Range (ATR) for Petros Pharmaceuticals Inc. is set at 0.72, with the Price to Sales ratio for PTPI stock in the period of the last 12 months amounting to 4.13. The Price to Book ratio for the last quarter was 1.47, with the Price to Cash per share for the same quarter was set at 0.45.
PTPI stock trade performance evaluation
Petros Pharmaceuticals Inc. [PTPI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -26.37. With this latest performance, PTPI shares gained by 22.37% in over the last four-week period, additionally sinking by -12.70% over the last 6 months – not to mention a drop of -39.09% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PTPI stock in for the last two-week period is set at 45.71, with the RSI for the last a single of trading hit 39.49, and the three-weeks RSI is set at 48.36 for Petros Pharmaceuticals Inc. [PTPI]. The present Moving Average for the last 50 days of trading for this stock 2.59, while it was recorded at 3.19 for the last single week of trading, and 2.74 for the last 200 days.
Petros Pharmaceuticals Inc. [PTPI]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Petros Pharmaceuticals Inc. [PTPI] shares currently have an operating margin of -180.78 and a Gross Margin at -12.00. Petros Pharmaceuticals Inc.’s Net Margin is presently recorded at -215.35.
Return on Total Capital for PTPI is now -72.34, given the latest momentum, and Return on Invested Capital for the company is -122.10. Return on Equity for this stock declined to -161.53, with Return on Assets sitting at -32.11. When it comes to the capital structure of this company, Petros Pharmaceuticals Inc. [PTPI] has a Total Debt to Total Equity ratio set at 44.73. Additionally, PTPI Total Debt to Total Capital is recorded at 30.91, with Total Debt to Total Assets ending up at 11.19. Long-Term Debt to Equity for the company is recorded at 3.04, with the Long-Term Debt to Total Capital now at 2.10.
Reflecting on the efficiency of the workforce at the company, Petros Pharmaceuticals Inc. [PTPI] managed to generate an average of -$762,442 per employee. Receivables Turnover for the company is 2.46 with a Total Asset Turnover recorded at a value of 0.15.Petros Pharmaceuticals Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.40.
Petros Pharmaceuticals Inc. [PTPI]: Insider Ownership positions
There are presently around $2 million, or 5.10% of PTPI stock, in the hands of institutional investors. The top three institutional holders of PTPI stocks are: SHAY CAPITAL LLC with ownership of 277,737, which is approximately 16.323% of the company’s market cap and around 48.95% of the total institutional ownership; NORTHROCK PARTNERS, LLC, holding 115,295 shares of the stock with an approximate value of $0.34 million in PTPI stocks shares; and VANGUARD GROUP INC, currently with $0.32 million in PTPI stock with ownership of nearly 2.059% of the company’s market capitalization.
5 institutional holders increased their position in Petros Pharmaceuticals Inc. [NASDAQ:PTPI] by around 43,879 shares. Additionally, 9 investors decreased positions by around 216,577 shares, while 8 investors held positions by with 530,407 shares. The mentioned changes placed institutional holdings at 790,863 shares, according to the latest SEC report filing. PTPI stock had 0 new institutional investments in for a total of 0 shares, while 4 institutional investors sold positions of 86,473 shares during the same period.