During the last session, Palatin Technologies Inc (AMEX:PTN)’s traded shares were 0.78 million, with the beta value of the company hitting 0.81. At the end of the trading day, the stock’s price was $1.00, reflecting an intraday loss of -5.66% or -$0.06. The 52-week high for the PTN share is $4.18, that puts it down -318.0 from that peak though still a striking 32.0% gain since the share price plummeted to a 52-week low of $0.68. The company’s market capitalization is $26.01M, and the average intraday trading volume over the past 10 days was 2.91 million shares, and the average trade volume was 838.68K shares over the past three months.
Palatin Technologies Inc (PTN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. PTN has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.17.
Palatin Technologies Inc (AMEX:PTN) trade information
Palatin Technologies Inc (PTN) registered a -5.66% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.66% in intraday trading to $1.00, hitting a weekly high. The stock’s 5-day price performance is -4.76%, and it has moved by -7.41% in 30 days. Based on these gigs, the overall price performance for the year is -74.68%. The short interest in Palatin Technologies Inc (AMEX:PTN) is 1.1 million shares and it means that shorts have 3.23 day(s) to cover.
Palatin Technologies Inc (PTN) estimates and forecasts
In the rating firms’ projections, revenue will decrease -100.00% compared to the previous financial year.
While earnings are projected to return 50.99% in 2025.
PTN Dividends
Palatin Technologies Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Palatin Technologies Inc (AMEX:PTN)’s Major holders
Palatin Technologies Inc insiders own 2.63% of total outstanding shares while institutional holders control 5.83%, with the float percentage being 5.99%. NBT BANK N A /NY is the largest shareholder of the company, while 37.0 institutions own stock in it. As of 2024-06-30, the company held over 80.0 shares (or 0.0005% of all shares), a total value of $156.0 in shares.
Also, the Mutual Funds coming in first place with the largest holdings of Palatin Technologies Inc (PTN) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 426.85 shares. This amounts to just over 2.18 percent of the company’s overall shares, with a $0.43 million market value. The same data shows that the other fund manager holds slightly less at 154.45, or about 0.79% of the stock, which is worth about $0.15 million.
