Is Protagenic Therapeutics Inc (NASDAQ: PTIX) A Good Investment Or A Disaster?

In the last trading session, 3.15 million Protagenic Therapeutics Inc (NASDAQ:PTIX) shares changed hands as the company’s beta touched 0. With the company’s per share price at $0.80 changed hands at $0.03 or 3.90% during last session, the market valuation stood at $3.57M. PTIX’s last price was a discount, traded about -133.75% off its 52-week high of $1.87. The share price had its 52-week low at $0.49, which suggests the last value was 38.75% up since then. When we look at Protagenic Therapeutics Inc’s average trading volume, we note the 10-day average is 85290.0 shares, with the 3-month average coming to 254.24K.

Protagenic Therapeutics Inc (NASDAQ:PTIX) trade information

Instantly PTIX was in green as seen at the end of in last trading. With action 26.98%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -19.19%, with the 5-day performance at 26.98% in the green. However, in the 30-day time frame, Protagenic Therapeutics Inc (NASDAQ:PTIX) is 50.91% up. Looking at the short shares, we see there were 0.13 million shares sold at short interest cover period of 2.68 days.

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Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.91%.

PTIX Dividends

Protagenic Therapeutics Inc is expected to release its next quarterly earnings report in December.

Protagenic Therapeutics Inc (NASDAQ:PTIX)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 21.67% of Protagenic Therapeutics Inc shares while 8.53% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.89%.