Palatin Technologies Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 192 out of 396 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 54.33.Despite a very weak stock market performance over the past month, the company shows strong fundamentals.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
192 / 396
Overall Ranking
359 / 4562
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Palatin Technologies Inc Highlights
StrengthsRisks
Palatin Technologies, Inc. is a biopharmaceutical company. The Company is developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor systems, with targeted, receptor-specific product candidates for the treatment of diseases with significant unmet medical need and commercial potential. The melanocortin receptor (MCr) system has effects on food intake, metabolism, sexual function, inflammation, and immune system responses. There are five melanocortin receptors, MC1r through MC5r. The Company's product development activities are focused on obesity, including co-administration of bremelanotide with tirzepatide, a GLP-1 agonist for treatment of obesity; ocular indications, including PL9643, an ophthalmic peptide solution for dry eye disease (DED), and ulcerative colitis, including PL8177, an oral peptide formulation. Its pipeline also includes PL7737 and PL9588. The Company's PL9588 is being developed as a topical treatment for glaucoma.
Overvalued
The company’s latest PE is -2.03, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 255.00K shares, increasing 37.48% quarter-over-quarter.
Palatin Technologies, Inc. is a biopharmaceutical company. The Company is developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor systems, with targeted, receptor-specific product candidates for the treatment of diseases with significant unmet medical need and commercial potential. The melanocortin receptor (MCr) system has effects on food intake, metabolism, sexual function, inflammation, and immune system responses. There are five melanocortin receptors, MC1r through MC5r. The Company's product development activities are focused on obesity, including co-administration of bremelanotide with tirzepatide, a GLP-1 agonist for treatment of obesity; ocular indications, including PL9643, an ophthalmic peptide solution for dry eye disease (DED), and ulcerative colitis, including PL8177, an oral peptide formulation. Its pipeline also includes PL7737 and PL9588. The Company's PL9588 is being developed as a topical treatment for glaucoma.
Ticker SymbolPTN
CompanyPalatin Technologies Inc
CEOSpana (Carl)
Websitehttps://www.palatin.com/
FAQs
What is the current price of Palatin Technologies Inc (PTN)?
The current price of Palatin Technologies Inc (PTN) is 15.510.
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 15.10M.
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 54.333.
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.