PALATIN TECHNOLOGIES INC (PTN)

US6960775020 - Common Stock

0.9679  +0.11 (+12.55%)

After market: 1.04 +0.07 (+7.45%)

PALATIN TECHNOLOGIES INC

NYSEARCA:PTN (12/20/2024, 8:04:01 PM)

After market: 1.04 +0.07 (+7.45%)

0.9679

+0.11 (+12.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
GICS SubIndustryBiotechnology
Chartmill FA Rating
Valuation
Growth
Profitability
Health
Dividend
Chartmill High Growth Momentum
EPS Q2Q%18.75%
Sales Q2Q%-100%
CRS5.91
6 Month-48.79%
Overview
Earnings (Last)11-14 2024-11-14/bmo
Earnings (Next)02-13 2025-02-13/bmo
Ins Owners0.96%
Inst Owners14.88%
Market Cap18.92M
Shares19.55M
PEN/A
Fwd PE1.41
Dividend YieldN/A
Analysts80
Short Float %5.38%
Short Ratio3.52
IPO12-21 1999-12-21
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PTN Daily chart

Company Profile

Palatin Technologies, Inc. is a biopharmaceutical company, which engages in the development of medicines based on molecules that modulate the activity of the melanocortin receptor system. The company is headquartered in Cranbury, New Jersey and currently employs 30 full-time employees. The firm 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. The company 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.

Company Info

PALATIN TECHNOLOGIES INC

4B Cedar Brook Drive

Cranbury NEW JERSEY 08512

P: 16094952200

CEO: Carl Spana

Employees: 30

Website: https://www.palatin.com/

PTN News

ChartMill News Imagea day ago - ChartmillGapping stocks in Friday's session

Which stocks are gapping on Friday?

News Image7 months ago - InvestorPlacePTN Stock Earnings: Palatin Techs Misses EPS for Q3 2024

PTN stock results show that Palatin Techs missed analyst estimates for earnings per share the third quarter of 2024.

News Image10 months ago - Seeking AlphaPalatin stock plunges 40% on mixed Phase 3 data for dry eye drug (NYSE:PTN)

Palatin Technologies (PTN) stock plunged 40% Wednesday after the company said a Phase 3 pivotal study for its drug PL9643 failed to meet a co-primary endpoint. Read more here.

News Image10 months ago - InvestorPlaceThe 3 Best Penny Stocks to Buy in February 2024

With proposed FED rate cuts incoming, these are the penny stocks that are likely to see a spark into new rallies.

News Imagea year ago - InvestorPlace7 Analyst-Backed Stocks With Promising 10-Bagger Potential

Although true 10-baggers are by nature extremely difficult to come by, these analyst-backed stocks may offer a decent shot.

News Imagea year ago - Seeking AlphaPalatin to raise ~$10M via securities offering

Palatin (PTN) announces a registered direct offering of approximately 1.83 million shares at $5.46 per share, alongside a concurrent private placement of...

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