Protagonist Therapeutics Q3 Earnings Snapshot

PTGX Stock  USD 46.46  4.81  11.55%   
Slightly above 67 percent of all Protagonist Therapeutics' investors are curious in acquiring. The analysis of the overall investor sentiment regarding Protagonist Therapeutics suggests that a large number of traders are confidant. Protagonist Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Protagonist Therapeutics' earnings reports, geopolitical events, and overall market trends.
  
NEWARK, Calif. AP Protagonist Therapeutics Inc. PTGX on Thursday reported a loss of 33.2 million in its third quarter.

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Protagonist Therapeutics Current Investor Sentiment

Panic Vs Confidence

67

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Protagonist Therapeutics' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Protagonist Therapeutics.

Protagonist Therapeutics Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Protagonist Therapeutics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Protagonist Therapeutics Fundamental Analysis

We analyze Protagonist Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Protagonist Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Protagonist Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Ratio

Current Ratio Comparative Analysis

Protagonist Therapeutics is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Protagonist Therapeutics Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Protagonist Therapeutics stock to make a market-neutral strategy. Peer analysis of Protagonist Therapeutics could also be used in its relative valuation, which is a method of valuing Protagonist Therapeutics by comparing valuation metrics with similar companies.

Peers

Protagonist Therapeutics Related Equities

REPLReplimune   35.11   
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KURAKura Oncology   7.36   
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VTYXVentyx Biosciences   6.94   
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AKROAkero Therapeutics   4.90   
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BDTXBlack Diamond   4.53   
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SNDXSyndax Pharmaceuticals   3.14   
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ARVNArvinas   2.99   
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8.0%
DAWNDay One   2.85   
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ABOSAcumen Pharmaceuticals   2.60   
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7.0%
MRUSMerus BV   2.55   
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7.0%
VRNAVerona Pharma   2.51   
0%
7.0%
RLAYRelay Therapeutics   2.37   
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6.0%
RNAAvidity Biosciences   1.62   
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4.0%
STOKStoke Therapeutics   1.42   
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4.0%
TERNTerns Pharmaceuticals   1.40   
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PLRXPliant Therapeutics   1.01   
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IDYAIdeaya Biosciences   0.71   
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2.0%
RVMDRevolution Medicines   0.05   
1.0%
0%
HOOKHookipa Pharma   6.52   
18.0%
0%
XFORX4 Pharmaceuticals   8.65   
24.0%
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Additional Tools for Protagonist Stock Analysis

When running Protagonist Therapeutics' price analysis, check to measure Protagonist Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Protagonist Therapeutics is operating at the current time. Most of Protagonist Therapeutics' value examination focuses on studying past and present price action to predict the probability of Protagonist Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protagonist Therapeutics' price. Additionally, you may evaluate how the addition of Protagonist Therapeutics to your portfolios can decrease your overall portfolio volatility.