The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is high. Over the past 30 days, multiple analysts have rated the company as a Buy. The company is performing strongly in the stock market, with strong fundamentals and technicals supporting the momentum. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Palatin Technologies Inc's Score
Industry at a Glance
Industry Ranking
253 / 405
Overall Ranking
525 / 4588
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
7.000
Target Price
+7338.89%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Palatin Technologies Inc Highlights
StrengthsRisks
Palatin Technologies, Inc. is a biopharmaceutical company. The Company is engaged in developing medicines based on molecules that modulate the activity of the melanocortin receptor system. The Company’s product candidates are targeted, receptor-specific therapeutics for the treatment of diseases with unmet medical needs and commercial potential. Its new product development activities focus primarily on MC1r agonists, with the potential to treat inflammatory and autoimmune diseases, such as dry eye disease, which is also known as keratoconjunctivitis sicca, uveitis, diabetic retinopathy, and inflammatory bowel disease. It is also developing peptides that are active at more than one melanocortin receptor, and MC4r peptide and small molecule agonists with potential utility in obesity and metabolic-related disorders, including rare disease and orphan indications. Its product candidates include PL9643 for dry eye disease and PL8177 for the treatment of ulcerative colitis.
Fairly Valued
The company’s latest PE is -2.23, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 7.49K shares, decreasing 92.14% quarter-over-quarter.
Palatin Technologies, Inc. is a biopharmaceutical company. The Company is engaged in developing medicines based on molecules that modulate the activity of the melanocortin receptor system. The Company’s product candidates are targeted, receptor-specific therapeutics for the treatment of diseases with unmet medical needs and commercial potential. Its new product development activities focus primarily on MC1r agonists, with the potential to treat inflammatory and autoimmune diseases, such as dry eye disease, which is also known as keratoconjunctivitis sicca, uveitis, diabetic retinopathy, and inflammatory bowel disease. It is also developing peptides that are active at more than one melanocortin receptor, and MC4r peptide and small molecule agonists with potential utility in obesity and metabolic-related disorders, including rare disease and orphan indications. Its product candidates include PL9643 for dry eye disease and PL8177 for the treatment of ulcerative colitis.
Ticker SymbolPTN
CompanyPalatin Technologies Inc
CEODr. Carl Spana, Ph.D.
Websitehttps://www.palatin.com/
FAQs
What is the current price of Palatin Technologies Inc (PTN)?
The current price of Palatin Technologies Inc (PTN) is 16.980.
What is the symbol of Palatin Technologies Inc?
The ticker symbol of Palatin Technologies Inc is PTN.
What is the 52-week high of Palatin Technologies Inc?
The 52-week high of Palatin Technologies Inc is 72.500.
What is the 52-week low of Palatin Technologies Inc?
The 52-week low of Palatin Technologies Inc is 1.750.
What is the market capitalization of Palatin Technologies Inc?
The market capitalization of Palatin Technologies Inc is 16.53M.
What is the net income of Palatin Technologies Inc?
The net income of Palatin Technologies Inc is -17.31M.
Is Palatin Technologies Inc (PTN) currently rated as Buy, Hold, or Sell?
According to analysts, Palatin Technologies Inc (PTN) has an overall rating of Buy, with a price target of 7.000.
What is the Earnings Per Share (EPS TTM) of Palatin Technologies Inc (PTN)?
The Earnings Per Share (EPS TTM) of Palatin Technologies Inc (PTN) is -7.623.