Pain Therapeutics (PTIE) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Pain Therapeutics (PTIE) experienced unusually high volume on Dec. 21, as the stock lost 1.6% to a closing price of $1.84. The stock saw 125,520 shares trade hands over the course of the day on 372 trades. Given that the stock’s average daily volume over the last month has been 71,568 shares a day, this represents a pretty substantial spike over the norm.

Pain Therapeutics has a P/B ratio of 2.56. The stock has traded between $3.65 and $1.53 over the last 52-weeks, its 50-day SMA is now $1.90, and its 200-day SMA $1.88.

Pain Therapeutics Inc is a biopharmaceutical company that develops novel drugs. The Company has four drug candidates in clinical programs, including Remoxy, Oxytrex, PTI-202 and a novel radio-labeled monoclonal antibody to treat metastatic melanoma.

Headquartered in Austin, TX, Pain Therapeutics has 9 employees and is currently under the leadership of CEO Remi Barbier.

For a complete fundamental analysis analysis of Pain Therapeutics, check out’s Stock Valuation Analysis report for PTIE. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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