Protagenic Therapeutics Stock Today

Protagenic Therapeutics is selling for under 0.0091 as of the 20th of September 2024; that is 41.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.009. Equity ratings for Protagenic Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of April 2024 and ending today, the 20th of September 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
27th of April 2021
Category
Healthcare
Classification
Health Care
Valuation Profit Patterns
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Protagenic Stock Highlights

Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, Health Care, Biotechnology, Materials, Materials (View all Sectors)
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
Slightly volatile
Total Assets4.1 M4.3 M
Notably Down
Pretty Stable
Total Current Assets7.5 M4.2 M
Way Up
Slightly volatile
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 has accumulated 655.25 K in total debt. Protagenic Therapeutics has a current ratio of 1.31, which is within standard range for the sector. Note, when we think about Protagenic Therapeutics' use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

(3.52 Million)
Protagenic Therapeutics (PTIXW) 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 classifies itself under Biotechnology sector and is part of Health Care industry. Protagenic Therapeutics has accumulated about 671.09 K in cash with (3.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Protagenic Therapeutics Probability Of Bankruptcy

Protagenic Therapeutics Historical Income Statement

At this time, Protagenic Therapeutics' Interest Expense is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 5.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024. View More Fundamentals

Protagenic Stock Against Markets

Protagenic Therapeutics Related Equities

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.
 Risk & Return  Correlation

Protagenic Therapeutics Corporate Management

Robert SteinChief DirectorProfile
CFA MDCFO SecProfile
Garo ArmenCoFounder ChairmanProfile
David LovejoyScientific OfficerProfile
Andrew SleeChief OfficerProfile

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.