Palatin Technologies, Inc. (NYSE:PTN) went down by -1.15% from its latest closing price when compared to the 1-year high value of $1.78 and move down -95.6%, while PTN stocks collected -2.98% of loss with the last five trading sessions.

Palatin Technologies, Inc. (NYSE:PTN) Worth an Investment?

Palatin Technologies, Inc. (NYSE: PTN) The 36 Months beta value for PTN stocks is at 1.70, while 3 of the analysts out of 3 who provided ratings for Palatin Technologies, Inc. stocks as a “buy” while 0 as overweight, 0 rated it as hold and 0 as sell. The average price we get from analysts is $5.75 which is $4.84 above current price. PTN currently has a short float of 12.12% and public float of 191.81M with average trading volume of 3.95M shares.

PTN Market Performance

PTN stocks went down by -2.98% for the week, with the monthly drop of -13.34% and a quarterly performance of -39.34%, while its annual performance rate touched -1.63%. The simple moving average for the period of the last 20 days is -2.24% for PTN stocks with the simple moving average of -6.86% for the last 200 days.

PTN Stocks -15.38% Far from 50 Day Moving Average

After a stumble in the market that brought PTN to its low price for the period of the last 52 weeks, Palatin Technologies, Inc. was unable to take a rebound, for now settling with -48.88% of loss for the given period.

The stock volatility was left at 6.46%, however, within the period of a single month, the volatility rate increased by 7.01%, while the shares sank at the distance of -11.66% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -32.10% lower at the present time.

In the course of the last 5 trading sessions, PTN went down by -2.98%, which changed the moving average for the period of 200 days to the total of +1.10% of gains for the stock in comparison to the 20-day moving average settled at $0.92. In addition, Palatin Technologies, Inc. saw 28.44% in overturn over the period of a single year with a tendency to cut further gains.

PTN Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Palatin Technologies, Inc. (PTN), starting from Hull Joseph Stanley, who bought 800 shares at the price of $0.78 back on Aug 05. After this action, Rushing now owns 520,799 shares of Palatin Technologies, Inc., valued at $627 with the latest closing price.

SPANA CARL, the President and CEO of Palatin Technologies, Inc., bought 20,000 shares at the value of $0.86 during a trade that took place back on Aug 02, which means that SPANA CARL is holding 5,993,852 shares at the value of $17,260 based on the most recent closing price.

PTN Stock Fundamentals

The current profitability levels are settled at +38.62 for the present operating margin. The net margin for Palatin Technologies, Inc. stands at +36.80. Total capital return value is set at 122.87, while invested capital returns managed to touch 173.87. Equity return holds the value -20.80%, with -15.60% for asset returns.

Based on Palatin Technologies, Inc. (PTN), the company’s capital structure generated 23.30 points for debt to equity in total, while total debt to capital is set at the value of 18.89. Total debt to assets is settled at the value of 16.10 with long-term debt to equity ratio rests at 1.23 and long-term debt to capital is 1.00.

EBITDA value lies at -5.75 M with total debt to EBITDA carrying the value of 0.24. The value for Enterprise to Sales is 8.17 with debt to enterprise value settled at 0.04. The receivables turnover for Palatin Technologies, Inc. is 8.88 with the total asset turnover at the value of 1.40. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.58.