Protara Therapeutics Stock Today

TARA Stock  USD 3.04  0.10  3.40%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 39

 
High
 
Low
Below Average
Protara Therapeutics is trading at 3.04 as of the 29th of November 2024, a 3.40 percent increase since the beginning of the trading day. The stock's open price was 2.94. Protara Therapeutics has about a 39 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Protara Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2024 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
22nd of October 2014
Category
Healthcare
Classification
Health Care
Protara Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the identifying and advancing transformative therapies for the treatment of cancer and rare diseases. Protara Therapeutics, Inc. is headquartered in New York, New York. The company has 20.63 M outstanding shares of which 2.73 M shares are at this time shorted by private and institutional investors with about 14.46 trading days to cover. More on Protara Therapeutics

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Protara Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Debt Levels
Protara Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Protara Therapeutics' financial leverage. It provides some insight into what part of Protara Therapeutics' total assets is financed by creditors.
Liquidity
Protara Therapeutics currently holds 5.47 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Protara Therapeutics has a current ratio of 28.36, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Protara Therapeutics' use of debt, we should always consider it together with its cash and equity.

Sale Purchase Of Stock

(86,450)
Protara Therapeutics (TARA) is traded on NASDAQ Exchange in USA. It is located in 345 Park Avenue South, New York, NY, United States, 10010 and employs 26 people. Protara Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 62.71 M. Protara Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 20.63 M outstanding shares of which 2.73 M shares are at this time shorted by private and institutional investors with about 14.46 trading days to cover. Protara Therapeutics currently holds about 98.46 M in cash with (37.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.74, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Protara Therapeutics Probability Of Bankruptcy
Ownership Allocation
Protara Therapeutics owns a total of 20.63 Million outstanding shares. Over half of Protara Therapeutics' outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Protara Ownership Details

Protara Stock Institutional Holders

InstituionRecorded OnShares
Oppenheimer & Co Inc2024-09-30
179.1 K
Geode Capital Management, Llc2024-09-30
170 K
Ikarian Capital, Llc2024-09-30
155.7 K
Blackrock Inc2024-06-30
115.3 K
Woodline Partners Lp2024-06-30
100 K
Two Sigma Advisers, Llc2024-06-30
80.5 K
Marshall Wace Asset Management Ltd2024-06-30
77.4 K
Bridgeway Capital Management, Llc2024-09-30
49.2 K
Lpl Financial Corp2024-09-30
46 K
Ra Capital Management, Llc2024-09-30
1.9 M
Opaleye Management Inc2024-09-30
1.7 M
View Protara Therapeutics Diagnostics

Protara Therapeutics Historical Income Statement

At present, Protara Therapeutics' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 3.4 M, whereas Depreciation And Amortization is forecasted to decline to about 268.5 K. View More Fundamentals

Protara Stock Against Markets

Protara Therapeutics Corporate Management

MBA MPHVP CoFounderProfile
Jesse SheffermanPrincipal CoFounderProfile
Jathin MDExecutive OfficerProfile
Justine OMalleySenior AffairsProfile
Kristine RosseVP OfficerProfile
Patrick MBAChief OfficerProfile
Hannah FryPrincipal ControllerProfile
When determining whether Protara Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Protara Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Protara Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Protara Therapeutics Stock:
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Protara Therapeutics. If investors know Protara will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Protara Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.64)
Return On Assets
(0.28)
Return On Equity
(0.46)
The market value of Protara Therapeutics is measured differently than its book value, which is the value of Protara that is recorded on the company's balance sheet. Investors also form their own opinion of Protara Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Protara Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Protara Therapeutics' market value can be influenced by many factors that don't directly affect Protara Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Protara Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Protara Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Protara Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.