Shares of Atrinsic Inc. (NASDAQ:PTIX – Get Free Report) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $0.57 and traded as low as $0.5355. Atrinsic shares last traded at $0.54, with a volume of 8,460 shares traded.
Atrinsic Stock Down 14.3%
The company’s fifty day moving average is $0.80 and its two-hundred day moving average is $0.57. The stock has a market cap of $977,400.00, a price-to-earnings ratio of -0.07 and a beta of 1.94.
About Atrinsic
Atrinsic, Inc was an online marketing and digital media company that developed and operated consumer-focused websites and provided performance-based marketing services. Its activities included customer acquisition, lead generation, online advertising and related digital commerce initiatives.
The company’s operations were primarily conducted through internet-based channels and were aimed at connecting consumers with products and services offered by third parties. Publicly available information about Atrinsic’s specific brands, geographic markets and management team is limited.
Atrinsic later changed its corporate direction and became Protagenic Therapeutics, Inc, a biotechnology company focused on developing therapeutics based on neuropeptides.
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