Palatin Technologies Stock (NYSEAMERICAN:PTN)

USA |NYSE MKT |USD

Price
$ 0.40
Change
-0.79%
Today's Range
$0.40 - $0.40
52-Week Range
$0.39 - $1.30
Market Cap
$93.94M
Volume
234.97K

About Palatin Technologies (NYSEAMERICAN:PTN)

(NYSEAMERICAN:PTN) Palatin Technologies, Inc., a biopharmaceutical company, develops targeted receptor-specific therapeutics for the treatment of various diseases in the United States. The company's lead product is Vyleesi, a melanocortin receptor (MCr) agonist for the treatment of premenopausal women with hypoactive sexual desire disorder. It is also developing oral PL8177, a selective MC1r agonist peptide that has completed Phase I clinical trial for the treatment of inflammatory bowel diseases. In addition, the company engages in the development of PL9643, a peptide melanocortin agonist active at multiple MCrs, including MC1r and MC5r for anti-inflammatory ocular indications, such as dry eye disease; and melanocortin peptides for diabetic retinopathy. Further, it is developing PL3994, a natriuretic peptide receptor (NPR)-A agonist and synthetic mimetic of the endogenous neuropeptide hormone atrial natriuretic peptide for cardiovascular indications; and PL5028, an NPR-A and NPR-binder to treat cardiovascular and fibrotic diseases, including reducing cardiac hypertrophy and fibrosis. The company was incorporated in 1986 and is based in Cranbury, New Jersey.
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PTN Stock Price

Statistics Highlights (NYSEAMERICAN:PTN)

Shares Outstanding 231.26M Beta 1.09
Public Float 227.02M P/E Ratio -
% Short of Float - Dividend (Yield) -
Held by Insiders 4.36% Ex-Dividend Date
Held by Institutions 9.84% IPO Date Oct 28, 1993

PTN Financial Summary

|
Jun 21 Jun 20 Jun 19
Revenue $-188.60K $117.99K $60.30M
EBITDA $-30.55M $-23.54M $35.80M
Net Income $-33.60M $-22.43M $35.77M
Total Assets $67.30M $85.05M $104.74M
Total Cash $60.10M $82.85M $43.51M
Total Debt $1.25M $1.27M $332.90K
Jun 21 Mar 21 Dec 20
Revenue $175.19K $88.74K $-163.97K
EBITDA $-9.28M $-6.47M $-9.24M
Net Income $-13.93M $-5.73M $-9.99M
Total Assets $67.30M $80.87M $86.78M
Total Cash $60.10M $68.64M $72.16M
Total Debt $1.25M $1.33M $1.12M

PTN Stock Price History

Palatin Technologies Annual Stock Price History

Year Open Close Change
2021 $0.54 $0.40 -25.32%
2021 $0.77 $0.54 -29.92%
2020 $0.78 $0.77 -1.28%

Palatin Technologies Daily Stock Price History

Date Open High Low Close Change Volume
Jun 27, 2022 $0.30 $0.30 $0.28 $0.29 -15.94% 292.80K
Jun 8, 2022 $0.33 $0.36 $0.33 $0.35 23.04% 939.95K
Jun 14, 2022 $0.31 $0.32 $0.26 $0.28 -16.30% 1.57M

(NYSEAMERICAN:PTN) Stock Price FAQs

What is today's stock price of Palatin Technologies (NYSEAMERICAN:PTN)?

  • The current stock price of Palatin Technologies (NYSEAMERICAN:PTN) is $0.40.
  • Today PTN stock price opened at $0.40 after previous close of $0.41.
  • During the day, Palatin Technologies stock quote has varied from a low of $0.40 to a high of $0.40.

What is Palatin Technologies's 52-week change?

  • PTN 52-week high stock quote is $1.30, which is 222.60% above the current share price.
  • The Palatin Technologies (NYSEAMERICAN:PTN) 52-week low stock price is $0.39, which is 3.20% below the current share price.
  • Palatin Technologies share price volatility (52-week beta) is 1.09.

Is Palatin Technologies a buy?

  • According to 3 analysts, the current consensus recommendation for Palatin Technologies stock is "Strong Buy" at an average rating score of 4.67 (out of 5).
  • There are currently 2 "Strong Buy", 1 "Buy", 0 "Hold", 0 "Sell", and 0 "Strong Sell" analysts recommendations for the PTN stock.
  • The 12 month average price target forecast for PTN stock is $2.33, representing a 479.00% increase from the current PTN stock price of $0.40.

Palatin Technologies (NYSEAMERICAN:PTN) FAQ

How Much is Palatin technologies Worth?

Palatin technologies's worth today based on market capitalisation is $93.94M

How much dividend does Palatin technologies Pay?

The current annualized dividend payout for PTN stock is $0.00, the dividend yield is 0.00% and the payout ratio is 0.00%.
View More Details on Palatin technologies's "Dividend" Section

When is the next earnings date for Palatin technologies (NYSEAMERICAN:PTN)?

Palatin technologies is expected to report earnings on September 27 ,2022.
View More Details on Palatin technologies's 'Earnings' Section

What is Palatin technologies’s Price to Earning (PE) ratio?

PTN stock also has a Price to Sales (P/S) ratio of 792.23, a Price to Book of 1.93 and Price/Earnings to Growth (PEG) of 0.00.

What is the Palatin technologies's ticker?

Palatin technologies trades on the NYSE American stock market in USA under the ticker symbol "PTN". Palatin technologies’s stock symbol can also be displayed as "NYSEAMERICAN:PTN".

When did PTN go public?

Palatin technologies completed its initial public offering (IPO) on October 28 ,1993.

Who are the owners of Palatin technologies?

Palatin technologies (NYSEAMERICAN:PTN) is owned by 9.84% institutional shareholders and by 4.36% insiders. The rest is owned by the public.
Explore More Details on Palatin technologies's “Ownership” Section

Who are the key executives of Palatin technologies (PTN)?

Palatin technologies's key executive team includes the following managers:

  • Dr. Carl Spana Ph.D., Co-Founder, Pres, CEO & Director (1962)
  • Mr. Stephen T. Wills CPA, CPA, MST, CFO, COO, Exec. VP, Treasurer & Sec. (1957)
  • Burns McClellan, VP of Investor Relations (NA)
  • Mr. Stephen A. Slusher Esq., Chief Legal Officer (NA)
  • Dr. Michael B. Raizman M.D., Chief Medical Officer (NA)
  • Mr. James E. Hattersley, Sr. VP of Bus. Devel. (1960)

What is Palatin technologies’s Sector & Industry Classification?

Palatin technologies (NYSEAMERICAN:PTN) is classified under the "Healthcare" sector and under the "Biotechnology" industry.

How many employees work for Palatin technologies?

Currently the number of employees working for Palatin technologies is 26.

Where are Palatin technologies's Headquarters?

Palatin technologies (NYSEAMERICAN:PTN) is headquartered in NJ, United States.

What are Palatin technologies's Address and Phone Number?

Palatin technologies’s mailing address is Cedar Brook Corporate Center, Cranbury, NJ, United States, 08512.
The company’s phone number is 609 495 2200.

What is the official website for Palatin technologies?

Palatin technologies’s official website is https://palatin.com