Stocks股票 / Health Care / PTGX
Protagonist Therapeutics, Inc. · Health Care
PTGX US listed · USD美股 · 美元
Mid cap中盘 · $8B
Speculative / unprofitable投机／未盈利
Health Care
S&P 600标普600小盘Russell 2000罗素2000
$134.27
-$6.64 · -4.71%
52w low52周低 $50.15high高 $144
Extended — don't chase; wait for a pullback过度拉升 — 勿追高；等待回撤
The bottoming setup is not yet confirmed (price still below the 10-day average) and the 3-day/weekly momentum is rolling over — momentum is fading before the…筑底形态尚未确认（价格仍位于 10 日均线下方），且3 日/周线动量已开始掉头向下——动量在形态完成前已开始衰竭。等待价格收复 10 日均线且动量趋于稳定后再考虑建仓。
Engine read引擎解读 · 2026-07-21
Price chart价格图表
daily · interactive日线 · 可交互
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Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
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Technicals技术面
daily bars日线数据 · 2026-07-21
Momentum (RSI 14)动量（RSI 14）
60
Elevated偏高
vs 50-day average相对50日均线
+18.5% above上方
Uptrend intact趋势完好
vs 200-day average相对200日均线
+42.4% above上方
Long trend up长期向上
Volatility波动率
82th percentile第82百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-08-0516days to go天后公布
Estimates being cut预期下调
Valuation估值
Expensive vs sector相对行业偏贵| Multiple指标 | PTGX | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/B市净率 | 13.67x | 3.44 | |
| Earnings yield盈利收益率 | -1.55% | 2.72 | |
| FCF yield自由现金流收益率 | 0.67% | 4.00 | |
| P/FCF市值/自由现金流 | 149.82x | 22.08 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Revenue营业收入
Earnings per share每股收益
Free cash flow自由现金流
Operating margin营业利润率
-343.6%
Balance-sheet quality财务体质 3/7
Bankruptcy risk: distress zone破产风险：警戒区
Return on equity股本回报率 -21%
Watch关注
Leverage杠杆
Current ratio流动比率12.71
Capital allocation资本配置
Stock-based comp股权薪酬$46.0M
Share count change (1y)股数变化（1年）+2.5%
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Long-duration name into a restrictive, rising-real-rate regime → rate headwind.长久期标的进入偏紧、实际利率上行的环境→利率逆风。
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$30.7M net (0 buyers, 6 sellers)-$30.7M 净值（0 买家，6 卖家）
Concentrated ownership集中持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | As of截至 |
|---|---|---|---|---|
| Polen Capital Management | B | Adding加仓 | 0.0% | 2026-03-31 |
| RTW Investments | B | Holding持有 | 5.3% | 2026-03-31 |
| Perceptive Advisors | A | Holding持有 | 2.5% | 2026-03-31 |
| Duquesne Family Office (Druckenmiller) | C | Holding持有 | 0.5% | 2026-03-31 |
| Soros Fund Management | B | exitexit | 0.0% | 2026-03-31 |
Signal history信号历史
engine events引擎事件
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP. Buyers rejected the 2026-06-12 low (swing low printed) but price hasn't reclaimed its 10-day average — first box ticked, not all. Last cycle was left-translated (topped early) — a bearish structural tell买入预备。买方拒绝了 2026-06-12 的低点（摆动低点已现），但价格尚未收复 10 日均线——第一项条件达成，并非全部。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Jul 17, 2026
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS止盈
Jul 17, 2026
PTGX made a new 52-week highPTGX 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $140.91.价格创出52周新高 — 全市场关注的动量/趋势极值。$140.91。
Jul 15, 2026
BOTTOMING → NEARING A HIGH筑底中 → 接近高点
TAKE PROFITS止盈
Jul 15, 2026
PTGX daily MACD crossed downPTGX 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $135.46.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$135.46。
Jul 13, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Jun 30, 2026
PTGX made a new 52-week highPTGX 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $122.58.价格创出52周新高 — 全市场关注的动量/趋势极值。$122.58。
Jun 24, 2026
UPTREND → NEARING A HIGH上涨趋势 → 接近高点
TAKE PROFITS止盈
Jun 24, 2026
PTGX RSI reached overboughtPTGX RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $122.15.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$122.15。
Jun 22, 2026
BOTTOMING → UPTREND筑底中 → 上涨趋势
HOLD持有
Jun 22, 2026
PTGX took relative-strength leadershipPTGX 取得相对强弱领先
Relative strength vs SPY crossed above the 90th percentile of the last 90 days — leadership tends to persist. $115.03.相对标普500的强弱上穿近90日的第90百分位 — 领先往往延续。$115.03。
Jun 19, 2026
PTGX weekly MACD crossed upPTGX 周线MACD上穿
The weekly MACD histogram turned positive — the slower, less-whippy momentum read.周线MACD柱状图转正 — 更慢、更少来回的动量信号。
Showing the last 15 of显示最近15条，共 265 signals条信号
Company profile公司档案
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Below market低于市场
Quality质量
Above market高于市场
Investment资本投入
Above market高于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Above market高于市场
Earnings quality盈利质量
Below market低于市场
Short interest空头兴趣
Above market高于市场
Watch items — what could change the story关注项 — 可能改变故事的因素
- Capital intensity rising
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| Price / Book市净率 | 13.7× | 3.4× | 7% |
| Earnings yield盈利收益率 | -1.6% | 2.7% | 19% |
| Free-cash-flow yield自由现金流收益率 | 0.7% | 5.5% | 10% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
91/100 — stronger than most强于多数
vs market, 3 months相对大盘（3个月）
89/100 — stronger than most强于多数
vs market, 6 months相对大盘（6个月）
92/100 — stronger than most强于多数
vs market, 12 months相对大盘（12个月）
95/100 — stronger than most强于多数
Rank in sector行业内排名
#17 / 165
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +3.4% | -0.9% |
| 1 Month近1月 | +19.0% | -0.6% |
| 3 Months近3月 | +26.8% | +5.4% |
| 6 Months近6月 | +60.1% | +8.6% |
| Year to date年初至今 | +54.0% | +8.9% |
| 1 Year近1年 | +142.0% | +19.2% |
| 3 Years近3年 | +571.4% | +69.9% |
Trading information交易信息
Beta vs market贝塔
0.10
Volatility rank波动率分位
82th pctile
Short interest空头占比
12.3% of float
Market cap市值
$8B
EPS (trailing)每股收益
$-2.08
Off 52-week high距52周高点
-4.7%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | — | $27M | $27M | $60M | $434M | $46M |
| EPS每股收益 | $-1.92 | $-2.71 | $-2.60 | $-1.39 | $4.23 | $-2.05 |
| Free cash flow自由现金流 | $-73M | $-109M | $-109M | $-71M | $183M | $56M |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | — | -458.9% | -479.3% | -131.6% | 63.3% | -282.8% |
| FCF margin自由现金流利润率 | — | -398.3% | -409.8% | -118.1% | 42.1% | 121.9% |
Latest fiscal year最近财年
Net income净利润
$-130M
Operating cash flow经营现金流
$58M
Total assets总资产
$668M
Shareholder equity股东权益
$615M
Shares outstanding总股本
0.06B
Returns & growth回报与增长
Return on equity股本回报率
-21.2%
Return on assets资产回报率
-19.5%
Profit growth利润增速
-147.3%
Asset growth资产增速
-10.3%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Capital discipline: share count +43.1% over 6 years (dilution)资本纪律：股本 6 年增加 43.1%（稀释）
- Balance sheet: Altman Z -0.74 — distress zone资产负债表：Altman Z -0.74——困境区
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
60
RSI (2-day)RSI（2日）
40
vs 20-day average相对20日均线
+3.8%
vs 50-day average相对50日均线
+18.5%
vs 200-day average相对200日均线
+42.4%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum up动能向上
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
expanding — range opening up扩张中 — 波幅放大
Range width percentile波幅宽度分位
84/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Estimate revisions预期修正
Analysts covering覆盖分析师
5
Estimate direction预期调整方向
mostly cutting多数下调
Estimate change, 90 days预期变化（90天）
-26.1%
Net upgrades, 30 days净上调（30天）
+1
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Tracked funds holding it跟踪基金持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | Position市值 |
|---|---|---|---|---|
| Polen Capital Management | B | Adding增持 | 0.0% | $3M |
| RTW Investments | B | Holding持有 | 5.3% | $533M |
| Perceptive Advisors | A | Holding持有 | 2.5% | $130M |
| Duquesne Family Office (Druckenmiller) | C | Holding持有 | 0.5% | $16,832 |
| Soros Fund Management | B | Exited清仓 | 0.0% | $9M |
Fund positioning基金持仓概览
Tracked funds in the name持有该股的跟踪基金
5
Buying vs selling买入vs卖出
1 : 1
Quarterly trend季度趋势
{'direction': 'distributing', 'n_quarters': 14, 'holders_first': 2, 'holders_last': 0, 'holders_delta': -2, 'value_change_pct': -100.0, 'from_period': '2023-03-31', 'to_period': '2026-06-30', 'available_on': '', 'available_on_first': '2023-05-15', 'holders_series': [2, 2, 2, 2, 2, 2, 2, 2, 2, 3, 4, 5, 4, 0]}{'direction': 'distributing', 'n_quarters': 14, 'holders_first': 2, 'holders_last': 0, 'holders_delta': -2, 'value_change_pct': -100.0, 'from_period': '2023-03-31', 'to_period': '2026-06-30', 'available_on': '', 'available_on_first': '2023-05-15', 'holders_series': [2, 2, 2, 2, 2, 2, 2, 2, 2, 3, 4, 5, 4, 0]}
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$30.7M
Insider buyers vs sellers内部人买家vs卖家
0 : 6
Short interest空头占流通盘
12.3%
Days to cover回补天数
7.2
Short interest change空头变化
-0.5%
Recent fund flows近期基金流向
SPDR S&P BiotechSPDR S&P Biotech
trimming减持
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Feb · 100%
Weakest month最弱月份
Apr · 0%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 33% | -1.5% | 3 |
| Feb2月 | 100% | +12.3% | 3 |
| Mar3月 | 67% | +14.5% | 3 |
| Apr4月 | 0% | -5.6% | 3 |
| May5月 | 100% | +4.2% | 3 |
| Jun6月 | 75% | +21.9% | 4 |
| Jul7月 | 50% | +8.9% | 4 |
| Aug8月 | 100% | +10.1% | 3 |
| Sep9月 | 67% | +5.4% | 3 |
| Oct10月 | 67% | +2.2% | 3 |
| Nov11月 | 67% | +13.9% | 3 |
| Dec12月 | 33% | -2.5% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。