How to Buy Palatin Technologies Stock
Palatin Technologies Inc
Palatin Technologies, Inc. , a specialized biopharmaceutical company, develops targeted receptor-specific therapeutics for the treatment of various diseases in the United States.
Palatin Technologies stock last closed at $1.82, up 5.81% from the previous day, and has decreased 22.88% in one year. It has underperformed other stocks in the Biotechnology industry by 0.01 percentage points. Palatin Technologies stock is currently +27.27% from its 52-week low of $1.43, and -67.79% from its 52-week high of $5.65.
There are currently 16.14M PTN shares outstanding. The market value of PTN is $29.37M. In the last 24 hours, 118,745 PTN shares were traded.
How to Buy Palatin Technologies Stock
Not sure how to invest in Palatin Technologies stock? Here's how.
- Decide where to buy Palatin Technologies stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Palatin Technologies stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your method of payment and add your info.
- Analyze Palatin Technologies stock: The Palatin Technologies ticker symbol is PTN. Is Palatin Technologies stock a good investment? Should you buy shares of PTN? How do PTN's underlying business fundamentals look? Do top analysts think Palatin Technologies is a good buy? Why has PTN's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PTN is a good stock to buy).
- Make your PTN trade: Decide if you will purchase PTN shares at the current market price or use a limit order to buy PTN stock at a particular price.
- Get updates on your investment in PTN: Create a watchlist to the latest updates on your position in Palatin Technologies shares.
Step 1: Decide where to buy Palatin Technologies stock
You need a brokerage account in order to access the NYSEMKT market and buy PTN shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Tech to Energy, New York to Shanghai — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you are able to buy PTN today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the best stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring money into your new brokerage account.
Step 4: Analyze Palatin Technologies stock
After you have chosen the best place to buy Palatin Technologies stock, it's critical to analyze their stock prior to investing, so you can understand the risk as well as the opportunity.
Palatin Technologies Metrics
Palatin Technologies Fundamentals
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on PTN's stock page.
Is PTN stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge PTN's fair value.
You can access more valuation analysis on PTN's stock here.
PTN Financial Health Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the PTN balance sheet.
Failed Health Checks:
- PTN debt to equity ratio of -2.15 is negative.
- PTN has cash burn of 27603046. It does not have enough cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the PTN balance sheet.
- Total PTN debt is still negative.
- PTN has $9.49M in cash and short term investments. This is not sufficient to cover its annual cash burn of $27.60M.
- PTN profit margin has gone up by 4.55 percentage points in the past year, but the company is still unprofitable.
Do Wall Street analysts think it's a good time to buy Palatin Technologies stock
Out of 1 Wall Street analysts who give recommendations on PTN, the consensus analyst rating on PTN is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Palatin Technologies stock forecast page.
PTN Technicals
PTN Growth Numbers
Last year, PTN revenue was $7.10M. In the past five year, PTN's revenue has grown by -24.85% per year. This was slower than the Biotechnology industry average of 28.56%.
Find out more about PTN's earnings and revenue performance here.
Latest Insiders Trades at PTN
In the past year, executives and large shareholders at PTN have sold more shares than they have bought.
Robert K. Deveer Jr., Director of PTN, was the latest PTN insider to buy. They bought $12,702.00 worth of PTN stock on Apr 11, 2024.
Dig into more about who owns PTN shares here.
Can I rely on PTN as an income stream?
No, Palatin Technologies doesn't provide an income stream by paying out dividends.
PTN Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your PTN trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, place a limit order.
Click the Open Trade button and eToro will place the order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Get updates on your investment in PTN
Now that you own some shares in PTN, you'll want to keep up with your shares.
Make a watchlist to track the most important metrics related to your PTN stock.
PTN Feed
How to Buy Stock in Palatin Technologies
To reiterate, here are the 6 steps you need to take to buy Palatin Technologies stock right now:
- Decide where to buy Palatin Technologies stock
- Create your brokerage account
- Fund your brokerage account
- Analyze Palatin Technologies stock
- Make your PTN trade
- Get updates on your investment in PTN
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Palatin Technologies, create a watchlist on WallStreetZen today.
Other Stock Buying Guides You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.