Published: Fri, April 21, 2017
Hi-Tech | By Ellis Neal

Review of Price Trends: Palatin Technologies, Inc.'s (PTN)


This rating was issued on 6/05/15.

Palatin Technologies, Inc. (PTN) now has P/E (Price to Earnings) ratio of 0 while the company's industry has 51.72 P/E and the sector P/E is 29.81. Analyst's consensus target price is measured at $3.83 for twelve month.

Beta factor, which measures the riskiness of the security, was registered at 1.36.

Palatin Technologies, Inc. (NYSEMKT:PTN) have shown a high EPS growth of 12.30% in the last 5 years and has earnings growth of 33.40% yoy. (PTN) in which Canaccord Genuity Initiates Coverage on Palatin Technologies Inc.

Price to Sale ratio of PTN stands at 0 while Price to Book Ratio stands at 0. They now have a United States dollars 6 price target on the stock.

Palatin Technologies, Inc.'s (PTN) witnessed a loss of -11.93% in recent trading period with closing price of $ 0.36. While some analysts have a High Price target for the stock of $6 and a Low Price Target of $1.5.

In the past trading session, Palatin Technologies, Inc. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell".

Zacks Investment Research also rated the stock with a value of 1. Strong Sell. Investors might also notice that two months ago the Buy recommendations (0) were less than Sell recommendations (0). News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palatin Technologies, Inc. with MarketBeat.com's FREE daily email newsletter. (PTN) is its Earnings per Share or EPS. Baker BROS. Advisors LP bought a new position in shares of Palatin Technologies during the third quarter worth about $1,289,000. Earnings per share serves as an indicator of a company's profitability.

EPS growth in next year is estimated to reach 114.30% while EPS growth estimate for this year is set at -126.30%. Thus the company showed an Earnings Surprise of 14.3 Percent. The stock's market capitalization is $47.96 million. After trading began at $45.13, the stock was seen striking at $45.59 as its peak price and $44.23 as its lowest price.

PTN stock's price is now -61.57% down from its 52-week high and +21.12% up from its 52-week low. Thanks to a rise of nearly 34.43% in the past five days, the stock price is now down -18.83% so far on the year - still in weak territory. The average volume of a stock suggests the liquidity of a particular company. The higher the return on equity, the better job a company is at optimizing the investment made on shareholders' behalf. Taking a look into the performance of PTN stock, investor will come to know that the weekly performance for this stock is valued at 12.33%, resulting in a performance for the month at 2.16%.

05/08/2015 - Palatin Technologies, Inc. was downgraded to " by analysts at Zacks.

The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range. Comparatively, the peers have a net margin -931.28%, and the sector's average is 0.79%.

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