Petros Pharmaceuticals (NASDAQ:PTPI) Stock Price Down 5.8% – What’s Next?

Petros Pharmaceuticals, Inc. (NASDAQ:PTPIGet Free Report)’s share price was down 5.8% on Friday . The stock traded as low as $0.32 and last traded at $0.33. Approximately 6,130,722 shares were traded during mid-day trading, an increase of 1,045% from the average daily volume of 535,337 shares. The stock had previously closed at $0.35.

Petros Pharmaceuticals Trading Down 5.8 %

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

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).

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