Protagenic Therapeutics, Inc. (NASDAQ:PTIX – Get Free Report)’s share price dropped 6.5% during trading on Monday . The company traded as low as $0.25 and last traded at $0.26. Approximately 86,433 shares were traded during trading, a decline of 86% from the average daily volume of 637,944 shares. The stock had previously closed at $0.28.
Protagenic Therapeutics Stock Down 6.5 %
The company has a market cap of $1.89 million, a P/E ratio of -0.21 and a beta of 0.43. The business has a fifty day simple moving average of $0.33 and a two-hundred day simple moving average of $0.51.
About Protagenic Therapeutics
Protagenic Therapeutics, Inc, a biopharmaceutical company, engages in the discovery and development of therapeutics to treat stress-related neuropsychiatric and mood disorders. Its lead compound comprises PT00114, a synthetic form of teneurin carboxy-terminal associated peptide, an endogenous brain signaling peptide that can dampen overactive stress responses.
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