Protagenic Therapeutics Stock Today

PTIX Stock  USD 0.65  0.04  6.56%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 80

 
High
 
Low
High
Protagenic Therapeutics is trading at 0.65 as of the 23rd of November 2024; that is 6.56 percent up since the beginning of the trading day. The stock's open price was 0.61. Protagenic Therapeutics has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Protagenic Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of May 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
5th of January 2016
Category
Healthcare
Classification
Health Care
Protagenic Therapeutics, Inc., a biopharmaceutical company, engages in the discovery and development of therapeutics to treat stress-related neuropsychiatric and mood disorders. Its lead compound is PT00114, a synthetic form of teneurin carboxy-terminal associated peptide, an endogenous brain signaling peptide that can dampen overactive stress responses. The company has 6.79 M outstanding shares of which 89.12 K shares are at this time shorted by private and institutional investors with about 1.33 trading days to cover. More on Protagenic Therapeutics

Moving against Protagenic Stock

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Protagenic Stock Highlights

Chairman of the BoardGaro Armen
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.951.86
Way Down
Slightly volatile
Total Current Liabilities622.5 K655.3 K
Notably Down
Pretty Stable
Total Assets4.1 M4.3 M
Notably Down
Slightly volatile
Total Current Assets7.2 M4.2 M
Way Up
Slightly volatile
Debt Levels
Protagenic Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Protagenic Therapeutics' financial leverage. It provides some insight into what part of Protagenic Therapeutics' total assets is financed by creditors.
Liquidity
Protagenic Therapeutics currently holds 655.25 K in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Protagenic Therapeutics has a current ratio of 19.08, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Protagenic Therapeutics' use of debt, we should always consider it together with its cash and equity.

Net Income

(5.25 Million)
Protagenic Therapeutics (PTIX) is traded on NASDAQ Exchange in USA. It is located in 149 Fifth Avenue, New York, NY, United States, 10010 and employs 1 people. Protagenic Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.04 M. Protagenic Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 6.79 M outstanding shares of which 89.12 K shares are at this time shorted by private and institutional investors with about 1.33 trading days to cover. Protagenic Therapeutics currently holds about 8.87 M in cash with (3.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51.
Check Protagenic Therapeutics Probability Of Bankruptcy
Ownership Allocation
Protagenic Therapeutics holds 14.24 pct. of its outstanding shares held by insiders and 5.76 pct. owned by third-party entities.
Check Protagenic Ownership Details

Protagenic Stock Institutional Holders

InstituionRecorded OnShares
Vanguard Group Inc2024-09-30
33.2 K
Eagle Asset Management, Inc.2024-06-30
0.0
Geode Capital Management, Llc2024-06-30
29.1 K
Susquehanna International Group, Llp2024-06-30
26.6 K
Advisor Group Holdings, Inc.2024-06-30
21.4 K
Fny Investment Advisers, Llc2024-06-30
18.8 K
State Street Corp2024-06-30
13.8 K
Ubs Group Ag2024-06-30
10.1 K
Tower Research Capital Llc2024-06-30
6.8 K
Bank Of America Corp2024-06-30
29.0
Morgan Stanley - Brokerage Accounts2024-06-30
2.0
View Protagenic Therapeutics Diagnostics

Protagenic Therapeutics Historical Income Statement

At this time, Protagenic Therapeutics' Total Operating Expenses is fairly stable compared to the past year. Research Development is likely to rise to about 3.5 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 26.8 K in 2024. View More Fundamentals

Protagenic Stock Against Markets

Protagenic Therapeutics Corporate Executives

Elected by the shareholders, the Protagenic Therapeutics' board of directors comprises two types of representatives: Protagenic Therapeutics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Protagenic. The board's role is to monitor Protagenic Therapeutics' management team and ensure that shareholders' interests are well served. Protagenic Therapeutics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Protagenic Therapeutics' outside directors are responsible for providing unbiased perspectives on the board's policies.
MD CFACFO SecretaryProfile

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.