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After finishing at $46.76 in the prior trading day, Protagonist Therapeutics Inc (NASDAQ: PTGX) closed at $45.90, down -1.84%. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 0.85 million shares were traded. PTGX stock price reached its highest trading level at $47.31 during the session, while it also had its lowest trading level at $43.86.
Ratios:
Our goal is to gain a better understanding of PTGX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.71. 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, Wedbush on Nov-06-24, initiated with a Outperform rating and assigned the stock a target price of $58.
On September 24, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $65.
On September 09, 2024, Truist started tracking the stock assigning a Buy rating and target price of $60.Truist initiated its Buy rating on September 09, 2024, with a $60 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 11 ’24 when Ali Asif sold 14,203 shares for $44.49 per share. The transaction valued at 631,872 led to the insider holds 34,960 shares of the business.
Waddill William D. sold 8,000 shares of PTGX for $360,000 on Sep 10 ’24. The Director now owns 12,000 shares after completing the transaction at $45.00 per share. On Sep 11 ’24, another insider, Ali Asif, who serves as the Officer of the company, bought 14,203 shares for $44.49 each.
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 2703721216 and an Enterprise Value of 2150694400. As of this moment, Protagonist’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.47 while its Price-to-Book (P/B) ratio in mrq is 4.98. Its current Enterprise Value per Revenue stands at 6.739 whereas that against EBITDA is 14.038.
Stock Price History:
Over the past 52 weeks, PTGX has reached a high of $48.89, while it has fallen to a 52-week low of $14.78. The 50-Day Moving Average of the stock is 1.43%, while the 200-Day Moving Average is calculated to be 32.11%.
Shares Statistics:
The stock has traded on average 604.72K shares per day over the past 3-months and 350220 shares per day over the last 10 days, according to various share statistics. A total of 57.71M shares are outstanding, with a floating share count of 55.65M. Insiders hold about 5.52% of the company’s shares, while institutions hold 101.27% stake in the company. Shares short for PTGX as of 1728950400 were 3001498 with a Short Ratio of 4.96, compared to 1726185600 on 3229183. Therefore, it implies a Short% of Shares Outstanding of 3001498 and a Short% of Float of 5.17.
