Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Petros Pharmaceuticals Inc’s current trading price is -86.32% away from its 52-week high, while its distance from the 52-week low is 40.62%. The stock’s price range during this period has varied between $0.22 and $2.27. The company, active in the Healthcare sector, saw a trading volume of around 0.8 million for the day, considerably lower average daily volume of 2.01 million observed over the last three months.
Petros Pharmaceuticals Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $2.27 on 02/14/24, and the lowest price during that time was $0.22, recorded on 11/15/24.
How Financial Performance Impacts Market Capitalization
Petros Pharmaceuticals Inc (PTPI) has experienced a quarterly decline of -1.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.11M and boasts a workforce of 21 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3381, with a change in price of -0.0604. Similarly, Petros Pharmaceuticals Inc recorded 1,284,983 in trading volume during the last 100 days, posting a change of -16.28%.
How PTPI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for PTPI stands at 2.32. Similarly, the long-term debt-to-equity ratio is also 1.58.
PTPI Stock Stochastic Average
As of today, the raw stochastic average of Petros Pharmaceuticals Inc over the past 50 days is 20.90%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 15.13%. Additionally, the Stochastic %K and %D values for the company were 23.47% and 26.97%, respectively, over the past 20 days.
PTPI Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -21.17%. However, over the past six months, we’ve seen a stronger performance of -31.61%. The price of PTPI leaped by -12.09% over the last 30 days. And in the last five days, it has fallen by -23.52%.
