How have the shares performed?
Protagenic Therapeutics Inc. (PTIX) saw downtrend of -6.41% in the recent trading with $2.19 being its most recent. The current price level -68.71% lower than the highest price of $7.00 marked by the stock while trading over the past 52-weeks, whereas it is 108.57% higher than the lowest price of $1.05 the company dropped to over past 52-weeks. The latest news story on PTIX appeared in GlobeNewswire under the title “Protagenic Therapeutics, Inc. Announces Closing of $13.2 Million Public Offering and Uplisting to Nasdaq” on Apr-29-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -64.96% below one month high and is +18.89% above of the lowest during that time. Looking into the simple moving average, Protagenic Therapeutics Inc. (PTIX)’s stock stands at a SMA-50 of $3.50 while that of 5-day is reading $2.85.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.
Protagenic Therapeutics Inc. Earnings – What Happened With PTIX
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
PTIX – Protagenic Therapeutics Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 10.53 million. PTIX does have institutional investors; and they hold 12.90% of the stock.
Protagenic Therapeutics Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 6 new insider purchases involving 362,000 shares. On the other hand, PTIX declared 0 shares have been sold in 0 insider transactions over the past three months.
Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.
Technical Analysis of Protagenic Therapeutics Inc. (NASDAQ:PTIX) stock