Palatin Technologies Stock Today

PTN Stock  USD 0.91  0.07  7.14%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very High

 
High
 
Low
Palatin Technologies is selling at 0.91 as of the 2nd of March 2025; that is 7.14 percent decrease since the beginning of the trading day. The stock's open price was 0.98. Palatin Technologies has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 31st of January 2025 and ending today, the 2nd of March 2025. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
28th of October 1993
Category
Healthcare
Classification
Health Care
Palatin Technologies, Inc., a biopharmaceutical company, develops targeted receptor-specific therapeutics for the treatment of various diseases in the United States. The company was founded in 1986 and is based in Cranbury, New Jersey. Palatin Technologies operates under Biotechnology classification in the United States and is traded on AMEX Exchange. The company has 26.01 M outstanding shares of which 1.28 M shares are at this time shorted by investors with about 0.88 days to cover. More on Palatin Technologies

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Palatin Stock Highlights

CEOCarl Spana
Thematic Ideas
(View all Themes)
Old Names[Proton Capital Corp., PRIMETRUST UNIT]
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, Biotech, Health Management, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities8.9 M11.1 M
Significantly Down
Pretty Stable
Non Current Liabilities Total1.3 M1.4 M
Notably Down
Pretty Stable
Total Assets11.7 M12.4 M
Notably Down
Pretty Stable
Total Current Assets10.7 M11.2 M
Notably Down
Pretty Stable
Debt Levels
Palatin Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Palatin Technologies' financial leverage. It provides some insight into what part of Palatin Technologies' total assets is financed by creditors.
Liquidity
Palatin Technologies has 590.34 K in debt with debt to equity (D/E) ratio of 0.07, which may show that the company is not taking advantage of profits from borrowing. Palatin Technologies has a current ratio of 2.09, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Palatin to invest in growth at high rates of return.

Depreciation

503,143
Palatin Technologies (PTN) is traded on NYSE MKT Exchange in USA. It is located in Cedar Brook Corporate Center, Cranbury, NJ, United States, 08512 and employs 30 people. Palatin Technologies is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 23.74 M. Palatin Technologies runs under Biotechnology sector within Health Care industry. The entity has 26.01 M outstanding shares of which 1.28 M shares are at this time shorted by investors with about 0.88 days to cover. Palatin Technologies has about 7.99 M in cash with (31.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Palatin Technologies Probability Of Bankruptcy
Ownership Allocation
Palatin Technologies owns a total of 26.01 Million outstanding shares. Roughly 83.19 pct. of Palatin Technologies outstanding shares are held by general public with 2.63 % owned by insiders and only 14.18 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Palatin Ownership Details

Palatin Technologies Historical Income Statement

At this time, Palatin Technologies' Depreciation And Amortization is very stable compared to the past year. As of the 2nd of March 2025, Gross Profit is likely to grow to about 9.1 M, while Interest Expense is likely to drop about 14.6 K. View More Fundamentals

Palatin Stock Against Markets

Palatin Technologies Corporate Directors

Joseph HullIndependent DirectorProfile
Angela RossettiIndependent DirectorProfile
Anthony ManningIndependent DirectorProfile
Alan DuntonIndependent DirectorProfile
When determining whether Palatin Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Palatin Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Palatin Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Palatin Technologies Stock:
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Palatin Technologies. If investors know Palatin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Palatin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.54)
Revenue Per Share
0.019
Quarterly Revenue Growth
(0.80)
Return On Assets
(2.13)
Return On Equity
(6.23)
The market value of Palatin Technologies is measured differently than its book value, which is the value of Palatin that is recorded on the company's balance sheet. Investors also form their own opinion of Palatin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Palatin Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Palatin Technologies' market value can be influenced by many factors that don't directly affect Palatin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Palatin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palatin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palatin Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.