Petros Pharmaceuticals PTPI stock price is down –4% in the last 5 days & volume is up 7%, but is it over for this breakout stock?
In this in depth report, I look at 5 KPIs: Technical Analysis, Volume, News Cycle, Fundamentals & awareness campaigns.
Before we get started, I like being methodical and easy to understand so I have developed a ranking system for my stocks. I call it, Alexander Goldman’s “HOT Stock Ranking!”
The official heat level for PTPI is, a 🔥🔥2 out of 4
Before I get ahead of myself and just jump right into this exciting breakout stock, I wanted to introduce myself.
Hello 🙋♂️ My name is Alexander Goldman. I have been trading small cap stocks, breakout stocks and trending stocks for 20 years now. I established the coveted HOT Stock Reporting system.
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Petros Pharmaceuticals Company Information
Company Name: Petros Pharmaceuticals Inc
Petros Pharmaceuticals Company Summary:
Petros Pharmaceuticals, Inc. engages in men’s health therapeutics. It is involved in sales, marketing, regulatory and medical affairs, finance, trade relations, pharmacovigilance, market access relations, manufacturing, and distribution. It operates through the Prescription Medications and Medical Devices segments. The Prescription Medications segment handles Stendra, a FDA approved PDE-5 inhibitor prescription medication for the treatment of erectile dysfunction, and H100, a topical formulation candidate for the treatment of acute Peyronie’s disease. The Medical Devices segment consists of vacuum erection devices. The company was founded on May 14, 2020 and is headquartered in New York, NY.EBML stock price is due to News?
PTPI stock price is due to News?
- Announced the pursuit of the 505(b)(2) pathway for early stage asset, H-100 for the treatment of Peyronie’s Disease
- Initiated sponsored research agreement with Massachusetts General Hospital to evaluate incorporating the use of a tissue-specific oxygenation sensor with the goal of monitoring and understanding the success of Erectile Device Therapy.
- Reported positive results of a Phase 2 label comprehension study to initiate process for STENDRA(R) prescription erectile dysfunction medication to support the process for designation as over -the-counter treatment
- Engaged with celebrity physician, Dr. Drew Pinsky to provide patient education about erectile dysfunction and branded STENDRA messaging
- Announced an agreement with a leading U.S. based global contract manufacturer for STENDRA
Trending Stock PTPI 5 Day Chart
PTPI Stock Price HOT Stock Grade:
PTPI is, a 🔥🔥2 out of 4 . Here are my takeaways on it and why it is just a 3 out of 4.
PTPI Trading Volume
The volume, the normal trading volume is established by the previous 30 days of trading and this stock is trading at an increase of 7% over the average. Normally, this indicates a higher demand in the stock or a sell off (selling pressure).
Trading 101: volume is measured in the number of shares traded. Traders look to volume to determine liquidity and combine changes in volume with technical indicators to make trading decisions. So, let’s take a look at the technical indicators.
The technical analysis “chart reading”, this stock is down -3% on the 5 day chart and the overall trend for the long term chart, the 1 month, is down -31%. We are still waiting for the bottom. I imagine good news should be coming soon, pay attention and bookmark it.
Trading 101: Technical indicators are technical tools that help in analyzing the movement in the stock prices whether the ongoing trend is going to continue or reverse. It helps the traders to make entry and exit decisions of a particular stock. Technical indicators can be leading or lagging indicators.
PTPI News Cycle
The news, there is no significant news.
The fundamentals, how a company is doing financially can be a serious KPI and there is no exciting financial filings associated with this stock.
Trading 101: Fundamental trading is a method where a trader focuses on company-specific events to determine which stock to buy and when to buy it. Trading on fundamentals is more closely associated with a buy-and-hold strategy rather than short-term trading.
Marketing efforts “Awareness Campaigns” Just like advertising a prroduct is important, advertising a publicly traded company during a news cycle is critical for the stock price of a company.
I have found marketing efforts around the investor awareness of this company. So, I have awarded this stock a 2 out of 4. Do you agree? Write me a line at [email protected]
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