NYSEAMERICAN:PTN Palatin Technologies (PTN) Stock Price, News & Analysis $0.96 +0.05 (+5.01%) (As of 10:38 AM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort Interest About Palatin Technologies Stock (NYSEAMERICAN:PTN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Palatin Technologies alerts:Sign Up Key Stats Today's Range$0.92▼$0.9750-Day Range N/A52-Week Range$0.68▼$5.65Volume32,323 shsAverage Volume347,226 shsMarket Capitalization$18.77 millionP/E RatioN/ADividend YieldN/APrice Target$17.00Consensus RatingBuy Company OverviewPalatin 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 is in Phase 2 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, which is in Phase 3 clinical trial; and melanocortin peptides for diabetic retinopathy. Further, it is developing PL8177, an oral peptide formulation for treatment of ulcerative colitis, which entered Phase 2 clinical trials. The company was founded in 1986 and is based in Cranbury, New Jersey.Read More… Blackrock’s Sending THIS Crypto Higher on Purpose (Ad)It's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…YES, I WANT THE #1 CRYPTO NOW Palatin Technologies Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks33rd Percentile Overall ScorePTN MarketRank™: Palatin Technologies scored higher than 33% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy Consensus RatingPalatin Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoveragePalatin Technologies has only been the subject of 1 research reports in the past 90 days.Read more about Palatin Technologies' stock forecast and price target. Earnings and Valuation0.0 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Palatin Technologies is -0.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Palatin Technologies is -0.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted6.23% of the float of Palatin Technologies has been sold short.Short Interest Ratio / Days to CoverPalatin Technologies has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Palatin Technologies has recently decreased by 7.87%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldPalatin Technologies does not currently pay a dividend.Dividend GrowthPalatin Technologies does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted6.23% of the float of Palatin Technologies has been sold short.Short Interest Ratio / Days to CoverPalatin Technologies has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Palatin Technologies has recently decreased by 7.87%, indicating that investor sentiment is improving significantly. News and Social Media1.9 / 5News Sentiment0.42 News SentimentPalatin Technologies has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Palatin Technologies this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for PTN on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Palatin Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -47% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Palatin Technologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.10% of the stock of Palatin Technologies is held by insiders.Percentage Held by InstitutionsOnly 11.50% of the stock of Palatin Technologies is held by institutions.Read more about Palatin Technologies' insider trading history. Receive PTN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Palatin Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address PTN Stock News HeadlinesPalatin Technologies Inc (PTN) Q1 2025 Earnings Call Highlights: Strategic Shifts Amid Revenue ...November 16, 2024 | finance.yahoo.comPalatin Technologies Shifts Focus to Obesity TreatmentsNovember 15, 2024 | markets.businessinsider.comTrump’s IRS Hands Massive ‘Victory Gift’ To 401K OwnersTrump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…November 21, 2024 | Colonial Metals (Ad)Palatin Technologies: Strategic Focus on Obesity and Diversified Pipeline Justifies Buy RatingNovember 14, 2024 | markets.businessinsider.comPalatin Technologies, Inc. (PTN) Q1 2025 Earnings Conference Call TranscriptNovember 14, 2024 | seekingalpha.comPalatin Technologies Inc. Loss At -$7.82 Mln In Q1November 14, 2024 | markets.businessinsider.comPalatin Reports First Quarter Fiscal Year 2025 Operating/Financial ResultsNovember 14, 2024 | prnewswire.comPalatin Technologies Q1 2025 Earnings PreviewNovember 13, 2024 | msn.comSee More Headlines PTN Stock Analysis - Frequently Asked Questions How have PTN shares performed this year? Palatin Technologies' stock was trading at $4.00 at the beginning of 2024. Since then, PTN shares have decreased by 77.3% and is now trading at $0.91. View the best growth stocks for 2024 here. How were Palatin Technologies' earnings last quarter? Palatin Technologies, Inc. (NYSEAMERICAN:PTN) posted its quarterly earnings data on Tuesday, October, 1st. The biopharmaceutical company reported ($0.51) earnings per share for the quarter. When did Palatin Technologies' stock split? Palatin Technologies shares reverse split on Wednesday, August 31st 2022. The 1-25 reverse split was announced on Wednesday, August 31st 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 31st 2022. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split. Who are Palatin Technologies' major shareholders? Top institutional investors of Palatin Technologies include Virtu Financial LLC (0.29%) and XTX Topco Ltd (0.15%). Insiders that own company stock include Stephen T Wills, Alan W Dunton and Robert K Deveer Jr. View institutional ownership trends. How do I buy shares of Palatin Technologies? Shares of PTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Palatin Technologies own? Based on aggregate information from My MarketBeat watchlists, some other companies that Palatin Technologies investors own include Invesco QQQ (QQQ), SPDR Dow Jones Industrial Average ETF Trust (DIA), SPDR S&P 500 ETF Trust (SPY), 22nd Century Group (XXII), NightHawk Biosciences (NHWK), NVIDIA (NVDA) and Meta Platforms (META). Company Calendar Last Earnings10/01/2024Today11/21/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN SectorMedical Industry Pharmaceutical preparations Sub-IndustryPharmaceutical Products Current SymbolNYSEAMERICAN:PTN Previous SymbolNYSE:PTN CUSIPN/A CIK911216 Webwww.palatin.com Phone(609) 495-2200Fax609-495-2202Employees30Year FoundedN/APrice Target and Rating Average Stock Price Target$17.00 High Stock Price Target$17.00 Low Stock Price Target$17.00 Potential Upside/Downside+1,768.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.99) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-29,740,000.00 Net MarginsN/A Pretax Margin-1,590.66% Return on EquityN/A Return on Assets-334.41% Debt Debt-to-Equity RatioN/A Current Ratio0.26 Quick Ratio0.26 Sales & Book Value Annual Sales$4.49 million Price / Sales3.96 Cash FlowN/A Price / Cash FlowN/A Book Value($0.01) per share Price / Book-91.00Miscellaneous Outstanding Shares19,550,000Free Float18,160,000Market Cap$17.79 million OptionableNot Optionable Beta0.93 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report This page (NYSEAMERICAN:PTN) was last updated on 11/21/2024 by MarketBeat.com Staff From Our PartnersThe Crypto That’s Making Wall Street SweatThe Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. Big tech gian...Crypto 101 Media | SponsoredMissed Nvidia? Watch this ASAPThis little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrou...Brownstone Research | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | Sponsored24/7 Automated Profits in CryptoWhat if you could make consistent daily profits in crypto with minimal effort? 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