NYSEMKT: PTN
Palatin Technologies Inc Stock

$0.42+0.03 (+7.69%)
Updated Jan 25, 2022
PTN Price
$0.42
Fair Value Price
N/A
Market Cap
$97.17M
52 Week Low
$0.33
52 Week High
$1.30
P/E
-2.8x
P/B
2.26x
P/S
406.69x
PEG
N/A
Dividend Yield
N/A
Revenue
$259.45k
Earnings
-$36.77M
Gross Margin
31.9%
Operating Margin
-14,163.6%
Profit Margin
-14,171.9%
Debt to Equity
0.39
Operating Cash Flow
-$33M
Beta
1.13
Next Earnings
Feb 15, 2022
Ex-Dividend
N/A
Next Dividend
N/A

PTN Overview

Zen Score

High
Medium
Low
Industry Average (23)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how PTN scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

PTN is good value based on its book value relative to its share price (2.26x), compared to the US Biotechnology industry average (4.53x)
Valuation
PTN's cash and short-term investments ($53.42M) cannot cover PTN's cash burn for the next year ($32.95M), once increasing cash burn (173.66%) is accounted for
Financials
PTN's profit margin has decreased... subscribe to Premium to read more.
Financials
There are 13 more PTN due diligence checks available for Premium users.

Valuation

PTN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.8x
Industry
21x
Market
33.66x

PTN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.26x
Industry
4.53x
PTN is good value based... subscribe to Premium to read more.
Valuation

PTN's financial health

Profit margin

Revenue
$159.5k
Net Income
-$7.1M
Profit Margin
-4,459.8%
PTN's cash and short-term investments... subscribe to Premium to read more.
Financials
PTN's profit margin has decreased... subscribe to Premium to read more.
Financials

Assets to liabilities

Assets
$59.7M
Liabilities
$16.8M
Debt to equity
0.39
PTN's short-term assets ($58.39M) exceed... subscribe to Premium to read more.
Financials
PTN's short-term assets ($58.39M) exceed... subscribe to Premium to read more.
Financials
PTN's debt relative to shareholder... subscribe to Premium to read more.
Financials
PTN's debt to equity ratio... subscribe to Premium to read more.
Financials

Cash flow

Operating
-$6.4M
Investing
-$57.8k
Financing
-$202.4k
PTN's cash and short-term investments... subscribe to Premium to read more.
Financials

Palatin Technologies Stock FAQ

What is Palatin Technologies's quote symbol?

(NYSEMKT: PTN) Palatin Technologies trades on the NYSEMKT under the ticker symbol PTN. Palatin Technologies stock quotes can also be displayed as NYSEMKT: PTN.

What is the 52 week high and low for Palatin Technologies (NYSEMKT: PTN)?

(NYSEMKT: PTN) Palatin Technologies's 52-week high was $1.30, and its 52-week low was $0.33. It is currently -67.69% from its 52-week high and 27.27% from its 52-week low.

How much is Palatin Technologies stock worth today?

(NYSEMKT: PTN) Palatin Technologies currently has 231,345,273 outstanding shares. With Palatin Technologies stock trading at $0.42 per share, the total value of Palatin Technologies stock (market capitalization) is $97.17M.

Palatin Technologies stock was originally listed at a price of $58.80 in Dec 31, 1997. If you had invested in Palatin Technologies stock at $58.80, your return over the last 24 years would have been -99.29%, for an annualized return of -18.61% (not including any dividends or dividend reinvestments).

How much is Palatin Technologies's stock price per share?

(NYSEMKT: PTN) Palatin Technologies stock price per share is $0.42 today (as of Jan 25, 2022).

What is Palatin Technologies's Market Cap?

(NYSEMKT: PTN) Palatin Technologies's market cap is $97.17M, as of Jan 26, 2022.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Palatin Technologies's market cap is calculated by multiplying PTN's current stock price of $0.42 by PTN's total outstanding shares of 231,345,273.
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