Portage Biotech (NASDAQ:ATON) Trading Up 3.8% – Should You Buy?

Portage Biotech Inc. (NASDAQ:ATONGet Free Report) shares shot up 3.8% during mid-day trading on Tuesday . The stock traded as high as $0.3504 and last traded at $0.3320. 9,777,470 shares traded hands during mid-day trading, an increase of 209% from the average session volume of 3,165,393 shares. The stock had previously closed at $0.32.

Portage Biotech Price Performance

The stock has a market cap of $7.78 million, a P/E ratio of -0.04 and a beta of 0.49. The firm’s fifty day moving average price is $0.33.

About Portage Biotech

(Get Free Report)

Portage Biotech (NASDAQ:ATON) is a biotechnology company focused on acquiring, developing and advancing therapeutic candidates and platform technologies. The company concentrates its development efforts primarily in areas such as oncology, immunology/inflammation and infectious disease, seeking to move programs from discovery and preclinical stages into clinical development through subsidiary companies and collaborative arrangements.

Portage structures its operations to support a diversified pipeline, advancing both small molecules and biologics by funding preclinical research, conducting clinical trials, and managing regulatory interactions.

Further Reading

Receive News & Ratings for Portage Biotech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Portage Biotech and related companies with MarketBeat.com's FREE daily email newsletter.