Protagonist Therapeutics Stock Today

PTGX Stock  USD 44.59  3.09  7.45%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 38

 
High
 
Low
Below Average
Protagonist Therapeutics is trading at 44.59 as of the 10th of September 2024; that is 7.45 percent increase since the beginning of the trading day. The stock's open price was 41.5. Protagonist Therapeutics has about a 38 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Protagonist Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of August 2024 and ending today, the 10th of September 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
11th of August 2016
Category
Healthcare
Classification
Health Care
Protagonist Therapeutics, Inc., a biopharmaceutical company, discovers and develops peptide-based therapeutic drugs to address hematology and blood disorders, and inflammatory and immunomodulatory diseases. Protagonist Therapeutics, Inc. was incorporated in 2006 and is headquartered in Newark, California. The company has 58.9 M outstanding shares of which 3.1 M shares are at this time shorted by private and institutional investors with about 4.4 trading days to cover. More on Protagonist Therapeutics

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Protagonist Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEO, DirectorDinesh Patel
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, SP Small-Cap 600, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.120.1676
Way Down
Very volatile
Gross Profit Margin0.740.9448
Significantly Down
Pretty Stable
Total Current Liabilities27.7 M21.3 M
Significantly Up
Slightly volatile
Total Assets204.1 M358 M
Way Down
Slightly volatile
Total Current Assets196.9 M355.6 M
Way Down
Slightly volatile
Debt Levels
Protagonist 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 Protagonist Therapeutics' financial leverage. It provides some insight into what part of Protagonist Therapeutics' total assets is financed by creditors.
Liquidity
Protagonist Therapeutics currently holds 1.14 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Protagonist Therapeutics has a current ratio of 7.44, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Protagonist Therapeutics' use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

(6.88 Million)
Protagonist Therapeutics (PTGX) is traded on NASDAQ Exchange in USA. It is located in 7707 Gateway Boulevard, Newark, CA, United States, 94560-1160 and employs 125 people. Protagonist Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.44 B. Protagonist Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 58.9 M outstanding shares of which 3.1 M shares are at this time shorted by private and institutional investors with about 4.4 trading days to cover. Protagonist Therapeutics currently holds about 291.89 M in cash with (70.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.95.
Check Protagonist Therapeutics Probability Of Bankruptcy
Ownership Allocation
The majority of Protagonist Therapeutics outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Protagonist Therapeutics to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Protagonist Therapeutics. Please pay attention to any change in the institutional holdings of Protagonist Therapeutics as this could imply that something significant has changed or is about to change at the company.
Check Protagonist Ownership Details

Protagonist Stock Institutional Holders

InstituionRecorded OnShares
Cowen And Company, Llc2024-03-31
1.6 M
Geode Capital Management, Llc2024-06-30
1.4 M
Perceptive Advisors Llc2024-06-30
1.3 M
T. Rowe Price Associates, Inc.2024-06-30
1.2 M
Millennium Management Llc2024-06-30
958.3 K
Fairmount Funds Management Llc2024-06-30
931.9 K
Point72 Asset Management, L.p.2024-06-30
909.7 K
Deutsche Bank Ag2024-06-30
908.3 K
Woodline Partners Lp2024-06-30
822.2 K
Farallon Capital Management, L.l.c.2024-06-30
5.8 M
Blackrock Inc2024-06-30
5.8 M
View Protagonist Therapeutics Diagnostics

Protagonist Therapeutics Historical Income Statement

At this time, Protagonist Therapeutics' Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 4.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 18 M in 2024. View More Fundamentals

Protagonist Stock Against Markets

Protagonist Therapeutics Corporate Management

Mohammad MasjedizadehExecutive OfficerProfile
Abha BommireddiExecutive ManagementProfile
Matthew GoslingExecutive CounselProfile
Richard ShamesChief Medical OfficerProfile
David LiuChief Scientific Officer, Head of Research & DevelopmentProfile

Additional Tools for Protagonist Stock Analysis

When running Protagonist Therapeutics' price analysis, check to measure Protagonist 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 Protagonist Therapeutics is operating at the current time. Most of Protagonist Therapeutics' value examination focuses on studying past and present price action to predict the probability of Protagonist Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protagonist Therapeutics' price. Additionally, you may evaluate how the addition of Protagonist Therapeutics to your portfolios can decrease your overall portfolio volatility.