Palatin Technologies Inc (AMEX:PTN) Rises 50.99% In 2025; Is It Still Attractive At $1.00?

In last trading session, Palatin Technologies Inc (AMEX:PTN) saw 0.8 million shares changing hands with its beta currently measuring 0.81. Company’s recent per share price level of $1.00 trading at -$0.02 or -1.96% at ring of the bell on the day assigns it a market valuation of $26.01M. That closing price of PTN’s stock is at a discount of -299.0% from its 52-week high price of $3.99 and is indicating a premium of 32.0% from its 52-week low price of $0.68.

For Palatin Technologies Inc (PTN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Palatin Technologies Inc (AMEX:PTN) trade information

Upright in the red during last session for losing -1.96%, in the last five days PTN remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $1.00 price level, adding 7.41% to its value on the day. Palatin Technologies Inc’s shares saw a change of -9.91% in year-to-date performance and have moved -5.66% in past 5-day. Palatin Technologies Inc (AMEX:PTN) showed a performance of 4.17% in past 30-days.

Palatin Technologies Inc (AMEX:PTN)’s Major holders

NBT BANK N A /NY is the top institutional holder at PTN for having 80.0 shares of worth $156.0. And as of 2024-06-30, it was holding 0.0005 of the company’s outstanding shares.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 426.85 shares of worth $0.43 million or 1.64% of the total outstanding shares. The later fund manager was in possession of 154.45 shares on Sep 30, 2024 , making its stake of worth around $0.15 million in the company or a holder of 0.59% of company’s stock.