With 2.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.8 million shares. The 52-week range on PTGX shows that it touched its highest point at $57.97 and its lowest point at $24.22 during that stretch. It currently has a 1-year price target of $67.91. Beta for the stock currently stands at 2.19.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PTGX was up-trending over the past week, with a rise of 54.58%, but this was up by 53.70% over a month. Three-month performance surged to 43.38% while six-month performance rose 44.00%. The stock gained 93.46% in the past year, while it has gained 54.82% so far this year. A look at the trailing 12-month EPS for PTGX yields 4.21 with Next year EPS estimates of -0.99. For the next quarter, that number is -0.06. This implies an EPS growth rate of -130.94% for this year and 24.18% for next year.
Float and Shares Shorts:
At present, 61.04 million PTGX shares are outstanding with a float of 57.77 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PTGX since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.97466 being high and $2.63083 being low. For PTGX, this leads to a yearly average estimate of $3.63533. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.75. The average estimate for the next quarter is thus -$0.53.
