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In the latest session, Protagonist Therapeutics Inc (NASDAQ: PTGX) closed at $41.41 down -3.45% from its previous closing price of $42.89. In other words, the price has decreased by -$3.45 from its previous closing price. On the day, 0.58 million shares were traded. PTGX stock price reached its highest trading level at $43.55 during the session, while it also had its lowest trading level at $40.6693.
Ratios:
For a deeper understanding of Protagonist Therapeutics Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.57. For the most recent quarter (mrq), Quick Ratio is recorded 13.73 and its Current Ratio is at 13.73. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, CapitalOne on October 30, 2023, initiated with a Overweight rating and assigned the stock a target price of $32.
On August 25, 2022, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $21.JMP Securities initiated its Mkt Outperform rating on August 25, 2022, with a $21 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 24 ’24 when Waddill William D. sold 8,000 shares for $40.00 per share. The transaction valued at 320,000 led to the insider holds 12,000 shares of the business.
Waddill William D. sold 8,000 shares of PTGX for $280,000 on Jun 07 ’24. The Director now owns 12,000 shares after completing the transaction at $35.00 per share. On Jun 07 ’24, another insider, PATEL DINESH V PH D, who serves as the President and CEO of the company, sold 35,000 shares for $35.19 each. As a result, the insider received 1,231,650 and left with 515,415 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PTGX now has a Market Capitalization of 2527028736 and an Enterprise Value of 1886212864. As of this moment, Protagonist’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.64 while its Price-to-Book (P/B) ratio in mrq is 4.50. Its current Enterprise Value per Revenue stands at 5.911 whereas that against EBITDA is 12.311.
Stock Price History:
Over the past 52 weeks, PTGX has reached a high of $43.76, while it has fallen to a 52-week low of $13.72. The 50-Day Moving Average of the stock is 9.90%, while the 200-Day Moving Average is calculated to be 42.31%.
Shares Statistics:
For the past three months, PTGX has traded an average of 966.16K shares per day and 517290 over the past ten days. A total of 57.71M shares are outstanding, with a floating share count of 55.64M. Insiders hold about 5.55% of the company’s shares, while institutions hold 96.72% stake in the company. Shares short for PTGX as of 1723680000 were 3100480 with a Short Ratio of 3.21, compared to 1721001600 on 3262628. Therefore, it implies a Short% of Shares Outstanding of 3100480 and a Short% of Float of 5.3400002.
