NASDAQ:PTIProteostasis Therapeutics Stock Price, Forecast & News

Proteostasis Therapeutics' stock was trading at $1.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PTI shares have increased by 30.2% and is now trading at $1.51. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proteostasis Therapeutics in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Proteostasis Therapeutics.

Proteostasis Therapeutics is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Proteostasis Therapeutics.

Proteostasis Therapeutics Inc (NASDAQ:PTI) issued its quarterly earnings results on Friday, May, 15th. The company reported ($0.19) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.26) by $0.07. View Proteostasis Therapeutics' earnings history.

5 equities research analysts have issued 12-month price targets for Proteostasis Therapeutics' stock. Their forecasts range from $3.00 to $8.00. On average, they expect Proteostasis Therapeutics' share price to reach $5.20 in the next year. This suggests a possible upside of 244.4% from the stock's current price. View analysts' price targets for Proteostasis Therapeutics.

News stories about PTI stock have trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Proteostasis Therapeutics earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutProteostasis Therapeutics.

Proteostasis Therapeutics saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,630,000 shares, a drop of 6.1% from the April 30th total of 2,800,000 shares. Based on an average trading volume of 1,060,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 6.2% of the company's stock are sold short. View Proteostasis Therapeutics' Current Options Chain.

Some companies that are related to Proteostasis Therapeutics include Lannett (LCI), MannKind (MNKD), Ovid Therapeutics (OVID), Verastem (VSTM), Verrica Pharmaceuticals (VRCA), Kezar Life Sciences (KZR), AMAG Pharmaceuticals (AMAG), Neptune Wellness Solutions (NEPT), Concert Pharmaceuticals (CNCE), CymaBay Therapeutics (CBAY), Chiasma (CHMA), ProQR Therapeutics (PRQR), Affimed (AFMD), Spero Therapeutics (SPRO) and Hookipa Pharma (HOOK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Proteostasis Therapeutics investors own include BHP Group (BHP), Idera Pharmaceuticals (IDRA), Amarin (AMRN), Micron Technology (MU), Rite Aid (RAD), Clearside Biomedical (CLSD), Sorrento Therapeutics (SRNE), vTv Therapeutics (VTVT), Anavex Life Sciences (AVXL) and Syndax Pharmaceuticals (SNDX).

(PTI) raised $51 million in an initial public offering (IPO) on Thursday, February 11th 2016. The company issued 3,900,000 shares at a price of $12.00-$14.00 per share. Leerink Partners and RBC Capital Markets acted as the underwriters for the IPO and Baird and H.C. Wainwright & Co. were co-managers.

Proteostasis Therapeutics trades on the NASDAQ under the ticker symbol "PTI."

Proteostasis Therapeutics' stock is owned by a number of retail and institutional investors. Top institutional investors include WINTON GROUP Ltd (1.30%), Acadian Asset Management LLC (0.70%), Geode Capital Management LLC (0.63%), Two Sigma Advisers LP (0.32%), RBF Capital LLC (0.32%) and GSA Capital Partners LLP (0.32%). Company insiders that own Proteostasis Therapeutics stock include Enterprise Associates 12 New, Franklin M Berger, Meenu Chhabra and Po Shun Lee. View institutional ownership trends for Proteostasis Therapeutics.

PTI stock was sold by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, and WINTON GROUP Ltd. View insider buying and selling activity for Proteostasis Therapeutics.

PTI stock was purchased by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Two Sigma Investments LP, Acadian Asset Management LLC, RBF Capital LLC, Two Sigma Advisers LP, and Connor Clark & Lunn Investment Management Ltd.. View insider buying and selling activity for Proteostasis Therapeutics.

Shares of PTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PTI stock can currently be purchased for approximately $1.51.

Proteostasis Therapeutics has a market capitalization of $78.75 million and generates $5 million in revenue each year. The company earns $-59,130,000.00 in net income (profit) each year or ($1.16) on an earnings per share basis. Proteostasis Therapeutics employs 44 workers across the globe.

The official website for Proteostasis Therapeutics is www.proteostasis.com.

Proteostasis Therapeutics' mailing address is 80 Guest Street Suite 500, Boston MA, 02135. The company can be reached via phone at 617-225-0096 or via email at [email protected]