Protagenic Therapeutics, Inc.

Protagenic Therapeutics, Inc.verified

PTIX

Price:

$0.65

Market Cap:

$4.42M

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 is PT00114, a synthetic form of teneurin carboxy-terminal associated peptide, an endogenous brain signaling peptide that can dampen overactive stress responses. The company is based in New York, New York.[Read more]

Industry

Biotechnology

IPO Date

2021-04-27

Stock Exchange

NASDAQ

Ticker

PTIX

The Current Ratio as of November 2024 (TTM) for Protagenic Therapeutics, Inc. (PTIX) is 1.80

According to Protagenic Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.80. This represents a change of -54.29% compared to the average of 3.94 of the last 4 quarters.

Protagenic Therapeutics, Inc. (PTIX) Historical Current Ratio (quarterly & annually)

How has PTIX Current Ratio performed in the past?

The mean historical Current Ratio of Protagenic Therapeutics, Inc. over the last ten years is 4.05. The current 1.80 Current Ratio has changed 4.36% with respect to the historical average. Over the past ten years (40 quarters), PTIX's Current Ratio was at its highest in in the June 2021 quarter at 20.02. The Current Ratio was at its lowest in in the December 2015 quarter at 0.03.

Quarterly (TTM)
Annual

Average

4.05

Median

2.45

Minimum

0.70

Maximum

13.83

Protagenic Therapeutics, Inc. (PTIX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Protagenic Therapeutics, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.21%

Maximum Annual Current Ratio = 13.83

Minimum Annual Increase = -75.80%

Minimum Annual Current Ratio = 0.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.41-10.67%
20227.18-48.13%
202113.83930.79%
20201.3490.83%
20190.70-8.31%
20180.77-75.80%
20173.17-31.34%
20164.62560.83%
20150.70-59.81%
20141.743.21%

Protagenic Therapeutics, Inc. (PTIX) Average Current Ratio

How has PTIX Current Ratio performed in the past?

The current Current Ratio of Protagenic Therapeutics, Inc. (PTIX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.14

5-year avg

5.89

10-year avg

4.05

Protagenic Therapeutics, Inc. (PTIX) Current Ratio vs. Peers

How is PTIX’s Current Ratio compared to its peers?

Protagenic Therapeutics, Inc.’s Current Ratio is greater than Sino Biopharmaceutical Limited (1.15), greater than ZIVO Bioscience, Inc. (0.17), less than Cyteir Therapeutics, Inc. (21.89), less than Eledon Pharmaceuticals, Inc. (6.53), less than Rezolute, Inc. (0), less than XOMA Corporation (13.79), less than Tempest Therapeutics, Inc. (7.52), greater than Aerovate Therapeutics, Inc. (1.69), less than Adagene Inc. (8.78), less than Acrivon Therapeutics, Inc. Common Stock (2.50), less than AN2 Therapeutics, Inc. (12.75), less than null (9.75),

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