Protagenic Therapeutics (OTCMKTS:PTIX) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Tuesday, ValuEngine reports.

PTIX remained flat at $$1.50 on Tuesday. The firm’s 50 day simple moving average is $1.50. Protagenic Therapeutics has a one year low of $1.25 and a one year high of $2.50.

Protagenic Therapeutics (OTCMKTS:PTIX) last announced its earnings results on Wednesday, May 15th. The biotechnology company reported ($0.06) earnings per share for the quarter.

About Protagenic Therapeutics

Protagenic Therapeutics, Inc, a biotechnology company, engages in the discovery and development of therapeutics to treat central nervous system disorders. Its lead drug candidate is PT00114, which is in clinical proof-of-concept studies for the treatment-resistant depression and/or post-traumatic stress disorder.

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