In last trading session, Palatin Technologies Inc (AMEX:PTN) saw 0.48 million shares changing hands with its beta currently measuring 0.81. Company’s recent per share price level of $0.79 trading at $0.03 or 3.93% at ring of the bell on the day assigns it a market valuation of $20.57M. That closing price of PTN’s stock is at a discount of -264.56% from its 52-week high price of $2.88 and is indicating a premium of 13.92% from its 52-week low price of $0.68. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.4 million shares which gives us an average trading volume of 888.89K if we extend that period to 3-months.
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. The company is expected to be making an EPS of -0.17 in the current quarter.
Palatin Technologies Inc (AMEX:PTN) trade information
Upright in the green during last session for gaining 3.93%, in the last five days PTN remained trading in the green while hitting it’s week-highest on Friday, 03/14/25 when the stock touched $0.79 price level, adding 5.95% to its value on the day. Palatin Technologies Inc’s shares saw a change of -28.76% in year-to-date performance and have moved 0.74% in past 5-day. Palatin Technologies Inc (AMEX:PTN) showed a performance of -20.10% in past 30-days. Number of shares sold short was 1.49 million shares which calculate 0.97 days to cover the short interests.
Palatin Technologies Inc (PTN) estimates and forecasts
This year revenue growth is estimated to fall -100.00% from the last financial year’s standing.
Palatin Technologies Inc (AMEX:PTN)’s Major holders
Insiders are in possession of 2.63% of company’s total shares while institution are holding 14.18 percent of that, with stock having share float percentage of 14.56%. Investors also watch the number of corporate investors in a company very closely, which is 14.18% institutions for Palatin Technologies Inc that are currently holding shares of the company. 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 Dec 31, 2024 , the former fund manager was holding 426.85 shares of worth $0.34 million or 1.64% of the total outstanding shares. The later fund manager was in possession of 154.45 shares on Dec 31, 2024 , making its stake of worth around $0.12 million in the company or a holder of 0.59% of company’s stock.
