Analysts Provide Insight On How High Petros Pharmaceuticals Inc (PTPI) Can Go

Petros Pharmaceuticals Inc (NASDAQ:PTPI) concluded the trading at $0.16 on Wednesday, February 19 with a rise of 15.70% from its closing price on previous day.

Considering stock’s 52-week price range provides that PTPI hit a high price of $1.76 and saw its price falling to a low level of $0.12 during that period. Over a period of past 1-month, stock came subtracting -47.45% in its value.

In contrast, when we review PTPI stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.

Digging deeper we become aware of the PEG ratio of the PTPI stock which is currently positioned at 0. It further provides that stock’s current price level is -41.03% away from its 20-day simple moving average and is -50.05% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 33.80 while volatility remained at 47.36% over the past week which changes to 18.61% when measuring it over the past month. Beta is valued at 1.87, while measure of average true range or ATR is currently at 0.07.

The percentage of outstanding shares held by the insiders is 7.85% while it is 1.00% for the institutional holders. Subtraction of -59.96% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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