Protagonist Therapeutics Inc (NASDAQ: PTGX) is 11.63% higher on its value in year-to-date trading and has touched a low of $25.23 and a high of $60.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PTGX stock was last observed hovering at around $42.01 in the last trading session, with the day’s gains setting it 1.08%.
Currently trading at $43.09, the stock is -3.49% and -7.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing 2.57% at the moment leaves the stock 0.69% off its SMA200. PTGX registered 65.16% gain for a year compared to 6-month loss of -7.85%.
The stock witnessed a -0.28% gain in the last 1 month and extending the period to 3 months gives it a 11.86%, and is -5.96% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.29% over the week and 5.09% over the month.
Protagonist Therapeutics Inc (PTGX) has around 126 employees, a market worth around $2.65B and $207.80M in sales. Current P/E ratio is 56.65. Profit margin for the company is 27.04%. Distance from 52-week low is 70.79% and -28.89% from its 52-week high. The company has generated returns on investments over the last 12 months (8.20%).
The EPS is expected to shrink by -134.64% this year
The shares outstanding are 61.38M, and float is at 57.87M with Short Float at 9.62%.
The top institutional shareholder in the company is FARALLON CAPITAL MANAGEMENT LLC with over 5.84 million shares valued at $202.38 million. The investor’s holdings represent 9.5274 of the PTGX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.76 million shares valued at $199.52 million to account for 9.3925 of the shares outstanding. The other top investors are RTW INVESTMENTS, LP which holds 5.29 million shares representing 8.6231 and valued at over $183.17 million, while BVF INC/IL holds 5.4144 of the shares totaling 3.32 million with a market value of $115.01 million.
Protagonist Therapeutics Inc (PTGX) Insider Activity
The most recent transaction is an insider sale by Ali Asif, the company’s Chief Financial Officer. SEC filings show that Ali Asif sold 1,756 shares of the company’s common stock on Apr 22 ’25 at a price of $46.00 per share for a total of $80776.0. Following the sale, the insider now owns 61065.0 shares.
Protagonist Therapeutics Inc disclosed in a document filed with the SEC on Mar 17 ’25 that Waddill William D. (Director) sold a total of 4,000 shares of the company’s common stock. The trade occurred on Mar 17 ’25 and was made at $54.25 per share for $0.22 million. Following the transaction, the insider now directly holds 13130.0 shares of the PTGX stock.
Still, SEC filings show that on Mar 17 ’25, WILLIAM D WADDILL (Director) Proposed Sale 4,000 shares at an average price of $54.78 for $0.22 million. The insider now directly holds shares of Protagonist Therapeutics Inc (PTGX).
