tradingkey.logo
tradingkey.logo
Search

Palatin Technologies Inc

PTN
Add to Watchlist
7.750USD
-0.060-0.77%
Close 07-31 16:00ETQuotes delayed by 15 min
7.54MMarket Cap
70.95P/E TTM

Palatin Technologies Inc

7.750
-0.060-0.77%
View Detailed Chart
TradingKey Chart
Intraday
1m
30m
1h
D
W
M
D

Today

-0.77%

5 Days

+0.58%

1 Month

-28.17%

6 Months

-47.31%

Year to Date

-49.61%

1 Year

+4210.34%

Key Figures
7.970Open
8.200High
5.85KVolume
70.95P/E TTM
LossP/E Dynamic
--Dividend TTM
0.60%Turnover Ratio
7.810Prev. Close
7.580Low
42.93KTurnover
LossP/E Static
19.03P/B
0.00%Div Yield TTM
-73.72%ROA
31.00052wk High
0.57Volume Ratio
-17.31MNet Profit
973.29KShares
0.1092EPS TTM
0.55Beta
-297.25%ROE
4.50552wk Low
7.94%Amplitude
100.00%Gross Margin
7.54MMarket Cap
-3.28Reward/Risk
9.93%Risk Rate

Key Insights

Palatin Technologies Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 154 out of 385 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 53.50.In the medium term, the stock price is expected to trend down.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
154 / 385
Overall Ranking
239 / 4281
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.
Fairly Valued
The company’s latest PE is 70.49, at a medium 3-year percentile range.
Held by Steven Cohen
Star Investor Steven Cohen holds 10.21K shares of this stock.

Analyst Rating

Based on 3 analysts
Buy
Current Rating
53.500
Target Price
+562.13%
Upside Space

Palatin Technologies Inc News

More news coming soon, stay tuned...

Earnings Forecast

Analyst Rating

Based on 3 analysts
Buy
Current Rating
53.500
Target Price
+562.13%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

496
Total
6
Median
7
Average
Company name
Ratings
Analysts
Palatin Technologies Inc
PTN
3
Beigene Ltd
ONC
27
IQVIA Holdings Inc
IQV
26
argenx SE
ARGX
26
Ionis Pharmaceuticals Inc
IONS
25
Insmed Inc
INSM
23
1
2
3
...
99

Indicators

Indicators
Sell(2)
Neutral(4)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
0.156
Neutral
RSI(14)
32.209
Neutral
STOCH(KDJ)(9,3,3)
31.842
Neutral
ATR(14)
0.788
High Vlolatility
CCI(14)
-79.616
Neutral
Williams %R
81.008
Oversold
TRIX(12,20)
-1.642
Sell
StochRSI(14)
52.116
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
7.816
Sell
MA10
8.007
Sell
MA20
8.883
Sell
MA50
11.302
Sell
MA100
15.583
Sell
MA200
15.088
Sell

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Palatin Technologies Inc Info

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/

Shareholders

Shareholders
Shareholders
Proportion
Driehaus Capital Management, LLC
9.41%
Janus Henderson Investors
7.90%
Logos Global Management LP
7.90%
Point72 Asset Management, L.P.
6.49%
AuGC Partners LLC
5.32%
Other
62.99%

FAQs

What is the current price of Palatin Technologies Inc (PTN)?

The current price of Palatin Technologies Inc (PTN) is 7.75.

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 31.00.

What is the 52-week low of Palatin Technologies Inc?

The 52-week low of Palatin Technologies Inc is 4.50.

What is the market capitalization of Palatin Technologies Inc?

The market capitalization of Palatin Technologies Inc is 7.54M.

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 53.50.

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 -32.15.
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.