Protagonist Therapeutics Inc Q3 2024 Earnings EPS Loss of 0. ...

PTGX Stock  USD 44.95  0.12  0.27%   
Slightly above 56% of all Protagonist Therapeutics' investors are looking to take a long position. The analysis of the overall investor sentiment regarding Protagonist Therapeutics suggests that some traders are interested. Protagonist Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Protagonist Therapeutics' earnings reports, geopolitical events, and overall market trends.
  
Revenue 4.7 million in license and collaboration revenue for Q3 2024, surpassing the previous years 0, driven by the Takeda Collaboration Agreement.Net Los

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Protagonist Therapeutics Current Investor Sentiment

Panic Vs Confidence

56

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Protagonist Therapeutics' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Protagonist Therapeutics.

Protagonist Therapeutics Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Protagonist Therapeutics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Protagonist Therapeutics Fundamental Analysis

We analyze Protagonist Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Protagonist Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Protagonist Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Cash Flow From Operations

Cash Flow From Operations Comparative Analysis

Protagonist Therapeutics is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Protagonist Therapeutics Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Protagonist Therapeutics stock to make a market-neutral strategy. Peer analysis of Protagonist Therapeutics could also be used in its relative valuation, which is a method of valuing Protagonist Therapeutics by comparing valuation metrics with similar companies.

Peers

Protagonist Therapeutics Related Equities

XFORX4 Pharmaceuticals   11.43   
0%
100.0%
TERNTerns Pharmaceuticals   7.82   
0%
68.0%
HOOKHookipa Pharma   6.90   
0%
60.0%
ARVNArvinas   6.13   
0%
53.0%
VTYXVentyx Biosciences   4.33   
0%
37.0%
BDTXBlack Diamond   4.05   
0%
35.0%
KURAKura Oncology   3.91   
0%
34.0%
AKROAkero Therapeutics   3.24   
0%
28.0%
PLRXPliant Therapeutics   1.42   
0%
12.0%
DAWNDay One   1.33   
0%
11.0%
STOKStoke Therapeutics   1.19   
0%
10.0%
RLAYRelay Therapeutics   0.84   
0%
7.0%
IDYAIdeaya Biosciences   0.78   
0%
6.0%
VRNAVerona Pharma   0.15   
0%
1.0%
SNDXSyndax Pharmaceuticals   0.06   
0%
1.0%
RVMDRevolution Medicines   0.09   
1.0%
0%
RNAAvidity Biosciences   1.07   
9.0%
0%
MRUSMerus BV   1.96   
17.0%
0%
REPLReplimune   2.29   
20.0%
0%
ABOSAcumen Pharmaceuticals   2.65   
23.0%
0%

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.