Protagonist Therapeutics Inc (PTGX) with a beta value of 2.20 appears to be a promising investment opportunity.

On Tuesday, Protagonist Therapeutics Inc (NASDAQ: PTGX) was -4.31% drop from the session before settling in for the closing price of $40.39. A 52-week range for PTGX has been $16.63 – $48.89.

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Healthcare Sector giant saw their annual sales surged by 2462.45% over the last five years. When this article was written, the company’s average yearly earnings per share was at 277.70%. With a float of $56.31 million, this company’s outstanding shares have now reached $57.71 million.

The firm has a total of 112 workers. Let’s measure their productivity. In terms of profitability, gross margin is 99.21%, operating margin of 46.05%, and the pretax margin is 53.45%.

Protagonist Therapeutics Inc (PTGX) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Protagonist Therapeutics Inc stocks. The insider ownership of Protagonist Therapeutics Inc is 5.52%, while institutional ownership is 100.41%. The most recent insider transaction that took place on Nov 15 ’24, was worth 78,108. In this transaction Chief Medical Officer of this company sold 1,906 shares at a rate of $40.98, taking the stock ownership to the 46,444 shares. Before that another transaction happened on Sep 11 ’24, when Company’s Chief Financial Officer sold 14,203 for $44.49, making the entire transaction worth $631,872. This insider now owns 34,960 shares in total.

Protagonist Therapeutics Inc (PTGX) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.44 earnings per share (EPS) during the time that was better than consensus figure (set at -0.18) by 0.62. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 277.70% per share during the next fiscal year.

Protagonist Therapeutics Inc (NASDAQ: PTGX) Trading Performance Indicators

You can see what Protagonist Therapeutics Inc (PTGX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 10.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.11. Likewise, its price to free cash flow for the trailing twelve months is 10.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.67, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach -1.50 in one year’s time.

Technical Analysis of Protagonist Therapeutics Inc (PTGX)

Analysing the last 5-days average volume posted by the [Protagonist Therapeutics Inc, PTGX], we can find that recorded value of 1.19 million was better than the volume posted last year of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 20.90%. Additionally, its Average True Range was 2.34.

During the past 100 days, Protagonist Therapeutics Inc’s (PTGX) raw stochastic average was set at 37.52%, which indicates a significant increase from 34.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.92% in the past 14 days, which was higher than the 39.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $45.43, while its 200-day Moving Average is $35.63. Now, the first resistance to watch is $41.21. This is followed by the second major resistance level at $43.77. The third major resistance level sits at $47.72. If the price goes on to break the first support level at $34.70, it is likely to go to the next support level at $30.75. Now, if the price goes above the second support level, the third support stands at $28.19.

Protagonist Therapeutics Inc (NASDAQ: PTGX) Key Stats

There are 59,598K outstanding shares of the company, which has a market capitalization of 2.30 billion. As of now, sales total 60,000 K while income totals -78,960 K. Its latest quarter income was 4,680 K while its last quarter net income were -33,210 K.