Atrinsic (NASDAQ:PTIX) Trading 15.8% Higher – Still a Buy?

Atrinsic Inc. (NASDAQ:PTIXGet Free Report) shares shot up 15.8% during trading on Thursday . The company traded as high as $0.22 and last traded at $0.22. Approximately 34,113 shares were traded during mid-day trading, an increase of 5% from the average session volume of 32,536 shares. The stock had previously closed at $0.19.

Atrinsic Price Performance

The company has a market cap of $398,200.00, a price-to-earnings ratio of -0.03 and a beta of 1.01. The firm has a 50 day simple moving average of $0.50 and a 200-day simple moving average of $0.58.

Atrinsic Company Profile

(Get Free Report)

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. Protagenic Therapeutics, Inc is headquartered in New York, New York.

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