Logo image of PTN

PALATIN TECHNOLOGIES INC (PTN) Stock Price, Quote, News and Overview

NYSEARCA:PTN - NYSE Arca - US6960775020 - Common Stock - Currency: USD

1  -0.02 (-1.96%)

After market: 1.0099 +0.01 (+0.99%)

PTN Quote, Performance and Key Statistics

PALATIN TECHNOLOGIES INC

NYSEARCA:PTN (2/21/2025, 8:04:01 PM)

After market: 1.0099 +0.01 (+0.99%)

1

-0.02 (-1.96%)

Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS SubIndustryBiotechnology
Statistics
52 Week High3.99
52 Week Low0.68
Market Cap26.01M
Shares26.01M
Float25.32M
Yearly DividendN/A
Dividend YieldN/A
PEN/A
Fwd PE1.46
Earnings (Next)05-13 2025-05-13/bmo
IPO12-21 1999-12-21


PTN short term performance overview.The bars show the price performance of PTN in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 -10 -20 -30

PTN long term performance overview.The bars show the price performance of PTN in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60 -80

The current stock price of PTN is 1 USD. In the past month the price increased by 5.26%. In the past year, price decreased by -68.05%.

PALATIN TECHNOLOGIES INC / PTN Daily stock chart

PTN Competitors/Peers

The largest stocks on the US markets in the "Biotechnology" sub-industry
Full List
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Name
TA
FA
PE
Market Cap
ABBV ABBVIE INC 19.97 357.10B
AMGN AMGEN INC 15.29 162.72B
GILD GILEAD SCIENCES INC 23.85 137.00B
VRTX VERTEX PHARMACEUTICALS INC 1669.79 124.40B
REGN REGENERON PHARMACEUTICALS 15.34 76.56B
ARGX ARGENX SE - ADR N/A 39.16B
ALNY ALNYLAM PHARMACEUTICALS INC N/A 32.32B
BNTX BIONTECH SE-ADR N/A 28.77B
ONC BEIGENE LTD-ADR N/A 27.25B
NTRA NATERA INC N/A 21.43B
BIIB BIOGEN INC 8.54 20.49B
SMMT SUMMIT THERAPEUTICS INC N/A 16.31B

About PTN

Company Profile

PTN logo image 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 US

CEO: Carl Spana

Employees: 30

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

Investor Relations: http://www.palatin.com/investors/overview/

Phone: 16094952200

PALATIN TECHNOLOGIES INC / PTN FAQ

What is the stock price of PALATIN TECHNOLOGIES INC today?

The current stock price of PTN is 1 USD. The price decreased by -1.96% in the last trading session.


What is the ticker symbol for PALATIN TECHNOLOGIES INC stock?

The exchange symbol of PALATIN TECHNOLOGIES INC is PTN and it is listed on the NYSE Arca exchange.


On which exchange is PTN stock listed?

PTN stock is listed on the NYSE Arca exchange.


What is the price forecast or stock price prediction for PALATIN TECHNOLOGIES INC stock?

5 analysts have analysed PTN and the average price target is 7.14 USD. This implies a price increase of 614% is expected in the next year compared to the current price of 1. Check the PALATIN TECHNOLOGIES INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is PALATIN TECHNOLOGIES INC worth?

PALATIN TECHNOLOGIES INC (PTN) has a market capitalization of 26.01M USD. This makes PTN a Nano Cap stock.


How many employees does PALATIN TECHNOLOGIES INC have?

PALATIN TECHNOLOGIES INC (PTN) currently has 30 employees.


What are the support and resistance levels for PALATIN TECHNOLOGIES INC (PTN) stock?

PALATIN TECHNOLOGIES INC (PTN) has a support level at 0.91 and a resistance level at 1. Check the full technical report for a detailed analysis of PTN support and resistance levels.


Is PALATIN TECHNOLOGIES INC (PTN) expected to grow?

The Revenue of PALATIN TECHNOLOGIES INC (PTN) is expected to decline by -100% in the next year. Check the estimates tab for more information on the PTN EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy PALATIN TECHNOLOGIES INC (PTN) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does PALATIN TECHNOLOGIES INC (PTN) stock pay dividends?

PTN does not pay a dividend.


When does PALATIN TECHNOLOGIES INC (PTN) report earnings?

PALATIN TECHNOLOGIES INC (PTN) will report earnings on 2025-05-13, before the market open.


What is the Price/Earnings (PE) ratio of PALATIN TECHNOLOGIES INC (PTN)?

PALATIN TECHNOLOGIES INC (PTN) does not have a PE ratio as the earnings reported over the last twelve months were negative (-1.54).


What is the Short Interest ratio of PALATIN TECHNOLOGIES INC (PTN) stock?

The outstanding short interest for PALATIN TECHNOLOGIES INC (PTN) is 4.35% of its float. Check the ownership tab for more information on the PTN short interest.


PTN Technical Analysis

ChartMill assigns a technical rating of 2 / 10 to PTN. When comparing the yearly performance of all stocks, PTN is a bad performer in the overall market: 91.08% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating

PTN Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to PTN. PTN may be in some trouble as it scores bad on both profitability and health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

PTN Financial Highlights

Over the last trailing twelve months PTN reported a non-GAAP Earnings per Share(EPS) of -1.54. The EPS increased by 40.31% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -947.33%
ROE N/A
Debt/Equity N/A
Chartmill High Growth Momentum
EPS Q2Q%78.57%
Sales Q2Q%-100%
EPS 1Y (TTM)40.31%
Revenue 1Y (TTM)-7.42%

PTN Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to PTN. The Buy consensus is the average rating of analysts ratings from 5 analysts.

For the next year, analysts expect an EPS growth of 51.7% and a revenue growth -100% for PTN


Ownership
Inst Owners14.88%
Ins Owners0.96%
Short Float %4.35%
Short Ratio1.12
Analysts
Analysts80
Price Target7.14 (614%)
EPS Next Y51.7%
Revenue Next Year-100%