Petros Pharmaceuticals (NASDAQ:PTPI) Stock Price Down 5.8% – Time to Sell?

Petros Pharmaceuticals, Inc. (NASDAQ:PTPIGet Free Report) shares fell 5.8% during mid-day trading on Friday . The stock traded as low as $0.32 and last traded at $0.33. 6,130,722 shares changed hands during trading, an increase of 1,045% from the average session volume of 535,337 shares. The stock had previously closed at $0.35.

Petros Pharmaceuticals Stock Performance

The stock’s 50-day moving average is $0.32 and its 200-day moving average is $0.37. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.85 and a quick ratio of 0.74. The stock has a market cap of $3.30 million, a price-to-earnings ratio of -0.07 and a beta of 1.99.

Petros Pharmaceuticals Company Profile

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Petros Pharmaceuticals, Inc, a pharmaceutical company, focuses on men's health therapeutics in the United States and internationally. It operates through two segments, Prescription Medications and Medical Devices. The company engages in the commercialization and development of Stendra, an PDE-5 inhibitor prescription medication for the treatment of erectile dysfunction (ED).

Further Reading

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