Protagenic Therapeutics Stock Price Up 1.4 percent Should You Buy?
| PTIX Stock | USD 0.65 0.04 6.56% |
Slightly above 55% of Protagenic Therapeutics' investors are presently thinking to get in. The analysis of the overall investor sentiment regarding Protagenic Therapeutics suggests that some traders are interested. Protagenic Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Protagenic Therapeutics' earnings reports, geopolitical events, and overall market trends.
Protagenic |
Shares of Protagenic Therapeutics, Inc. shot up 1.4 percent during mid-day trading on Wednesday . The company traded as high as 0.58 and last traded at 0.56. 64,745 shares changed hands during trading, a decline of 24 percent from the average session volume of 84,875 shares. The stock had previously closed at
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Protagenic Therapeutics Fundamental Analysis
We analyze Protagenic Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Protagenic Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Protagenic 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.
Shares Outstanding
Shares Outstanding Comparative Analysis
Protagenic Therapeutics is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Protagenic 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 Protagenic Therapeutics stock to make a market-neutral strategy. Peer analysis of Protagenic Therapeutics could also be used in its relative valuation, which is a method of valuing Protagenic Therapeutics by comparing valuation metrics with similar companies.
Peers
Protagenic Therapeutics Related Equities
| ANTX | AN2 Therapeutics | 8.94 | ||||
| TPST | Tempest Therapeutics | 2.25 | ||||
| AVTE | Aerovate Therapeutics | 1.92 | ||||
| ACRV | Acrivon Therapeutics, | 1.71 | ||||
| RZLT | Rezolute | 1.03 | ||||
| SBHMY | Sino Biopharmaceutica | 0.00 | ||||
| XOMAO | XOMA | 0.32 | ||||
| ELDN | Eledon Pharmaceuticals | 1.47 | ||||
| ADAG | Adagene | 3.10 |
Additional Tools for Protagenic Stock Analysis
When running Protagenic Therapeutics' price analysis, check to measure Protagenic 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 Protagenic Therapeutics is operating at the current time. Most of Protagenic Therapeutics' value examination focuses on studying past and present price action to predict the probability of Protagenic Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protagenic Therapeutics' price. Additionally, you may evaluate how the addition of Protagenic Therapeutics to your portfolios can decrease your overall portfolio volatility.