In last trading session, Palatin Technologies Inc. (AMEX:PTN) saw 0.55 million shares changing hands with its beta currently measuring 0.94. Company’s recent per share price level of $2.11 trading at $0.06 or 2.93% at ring of the bell on the day assigns it a market valuation of $34.06M. That closing price of PTN’s stock is at a discount of -167.77% from its 52-week high price of $5.65 and is indicating a premium of 32.23% from its 52-week low price of $1.43. Taking a look at company’s average trading volume volume of 643.08K if we extend that period to 3-months.

Palatin Technologies Inc. (AMEX:PTN) trade information

Upright in the green during last session for gaining 2.93%, in the last five days PTN remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $2.11 price level, adding 2.31% to its value on the day. Palatin Technologies Inc.’s shares saw a change of -46.98% in year-to-date performance and have moved 15.93% in past 5-day. Palatin Technologies Inc. (AMEX:PTN) showed a performance of 21.26% in past 30-days.

Palatin Technologies Inc. (PTN) estimates and forecasts

Statistics highlight that Palatin Technologies Inc. is scoring comparatively lower than the scores of other players of the relevant industry. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

PTN Dividends

Palatin Technologies Inc. is more likely to be releasing its next quarterly report between May 14 and May 20 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.