Palatin Technologies Stock Price History

PTN Stock  USD 0.89  0.06  6.32%   
Below is the normalized historical share price chart for Palatin Technologies extending back to October 28, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Palatin Technologies stands at 0.89, as last reported on the 12th of December 2024, with the highest price reaching 0.98 and the lowest price hitting 0.86 during the day.
IPO Date
28th of October 1993
200 Day MA
1.5776
50 Day MA
1.0276
Beta
0.94
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Palatin Stock, it is important to understand the factors that can impact its price. Palatin Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Palatin Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Palatin Technologies' Risk Adjusted Performance of (0.07), coefficient of variation of (978.11), and Variance of 32.71 to confirm the risk estimate we provide.
  
At this time, Palatin Technologies' Common Stock Total Equity is very stable compared to the past year. As of the 12th of December 2024, Common Stock Shares Outstanding is likely to grow to about 15.4 M, though Total Stockholder Equity is likely to grow to (105.9 K). . As of the 12th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.06, while Price To Sales Ratio is likely to drop 5.78. Palatin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.109

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Estimated Market Risk

 5.83
  actual daily
51
51% of assets are less volatile

Expected Return

 -0.64
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Palatin Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Palatin Technologies by adding Palatin Technologies to a well-diversified portfolio.
Price Book
15.8257
Enterprise Value Ebitda
(0.64)
Price Sales
4.1164
Shares Float
17.5 M
Wall Street Target Price
17

Palatin Technologies Stock Price History Chart

There are several ways to analyze Palatin Stock price data. The simplest method is using a basic Palatin candlestick price chart, which shows Palatin Technologies price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 17, 20241.37
Lowest PriceOctober 2, 20240.82

Palatin Technologies December 12, 2024 Stock Price Synopsis

Various analyses of Palatin Technologies' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Palatin Stock. It can be used to describe the percentage change in the price of Palatin Technologies from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Palatin Stock.
Palatin Technologies Price Rate Of Daily Change 0.94 
Palatin Technologies Price Daily Balance Of Power(0.50)
Palatin Technologies Price Action Indicator(0.06)
Palatin Technologies Accumulation Distribution 39,564 

Palatin Technologies December 12, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Palatin Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Palatin Technologies intraday prices and daily technical indicators to check the level of noise trading in Palatin Stock and then apply it to test your longer-term investment strategies against Palatin.

Palatin Stock Price History Data

The price series of Palatin Technologies for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 has a statistical range of 0.66 with a coefficient of variation of 16.75. The price distribution for the period has arithmetic mean of 1.07. The median price for the last 90 days is 1.07. The company completed stock split (1:25) on 31st of August 2022.
OpenHighLowCloseVolume
12/11/2024 0.95  0.98  0.86  0.89  323,110 
12/10/2024 0.91  0.99  0.82  0.95  291,227 
12/09/2024 0.91  0.92  0.86  0.91  214,412 
12/06/2024 0.90  0.92  0.72  0.90  2,001,334 
12/05/2024 0.96  0.98  0.90  0.93  709,039 
12/04/2024 1.10  1.10  0.96  1.00  575,854 
12/03/2024 1.16  1.16  1.07  1.08  112,915 
12/02/2024 1.14  1.19  1.10  1.15  207,110 
11/29/2024 1.14  1.22  1.10  1.14  138,145 
11/27/2024 1.08  1.15  1.06  1.13  124,862 
11/26/2024 1.19  1.19  1.03  1.07  249,910 
11/25/2024 0.97  1.26  0.96  1.10  508,198 
11/22/2024 0.94  0.98  0.92  0.96  173,885 
11/21/2024 0.92  0.97  0.91  0.94  107,102 
11/20/2024 0.93  0.95  0.90  0.91  172,470 
11/19/2024 0.97  0.98  0.91  0.93  184,372 
11/18/2024 0.95  1.00  0.91  0.95  224,386 
11/15/2024 1.07  1.07  0.92  0.93  256,355 
11/14/2024 1.10  1.10  1.03  1.07  315,495 
11/13/2024 1.21  1.26  1.15  1.19  197,796 
11/12/2024 1.18  1.22  1.15  1.20  96,086 
11/11/2024 1.35  1.40  1.18  1.20  269,785 
11/08/2024 1.17  1.33  1.16  1.30  338,529 
11/07/2024 1.10  1.18  1.08  1.16  149,127 
11/06/2024 1.20  1.20  1.06  1.09  239,693 
11/05/2024 1.19  1.23  1.15  1.17  123,220 
11/04/2024 1.20  1.25  1.09  1.19  209,843 
11/01/2024 1.24  1.40  1.15  1.20  353,494 
10/31/2024 1.27  1.35  1.21  1.24  679,421 
10/30/2024 1.16  1.40  1.12  1.26  580,204 
10/29/2024 1.21  1.21  1.13  1.15  277,968 
10/28/2024 1.11  1.21  1.08  1.21  222,246 
10/25/2024 1.08  1.13  1.06  1.09  263,020 
10/24/2024 1.10  1.15  1.02  1.10  184,453 
10/23/2024 1.09  1.18  1.05  1.09  167,334 
10/22/2024 0.99  1.08  0.99  1.05  96,678 
10/21/2024 0.98  1.04  0.97  1.01  136,257 
10/18/2024 1.01  1.04  0.98  0.98  163,682 
10/17/2024 0.93  1.04  0.93  1.00  257,662 
10/16/2024 0.90  0.94  0.87  0.94  145,904 
10/15/2024 0.87  0.90  0.86  0.87  153,264 
10/14/2024 0.90  0.91  0.85  0.87  165,293 
10/11/2024 0.87  0.90  0.83  0.88  209,896 
10/10/2024 0.90  0.90  0.86  0.88  111,994 
10/09/2024 0.88  0.90  0.85  0.88  128,529 
10/08/2024 0.92  0.96  0.85  0.87  217,164 
10/07/2024 0.88  0.97  0.84  0.91  335,669 
10/04/2024 0.89  0.91  0.82  0.88  228,675 
10/03/2024 0.82  0.86  0.80  0.83  177,331 
10/02/2024 0.89  0.91  0.81  0.82  210,245 
10/01/2024 0.92  0.96  0.84  0.88  806,504 
09/30/2024 0.84  0.90  0.81  0.89  350,580 
09/27/2024 0.99  1.02  0.68  0.84  2,341,273 
09/26/2024 1.10  1.10  0.88  0.95  548,928 
09/25/2024 1.00  1.01  0.90  0.96  374,243 
09/24/2024 1.25  1.26  0.73  1.02  1,496,897 
09/23/2024 1.29  1.33  1.20  1.21  289,834 
09/20/2024 1.31  1.34  1.22  1.28  470,421 
09/19/2024 1.39  1.42  1.24  1.29  334,851 
09/18/2024 1.37  1.42  1.35  1.36  131,592 
09/17/2024 1.36  1.42  1.34  1.37  88,463 

About Palatin Technologies Stock history

Palatin Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Palatin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palatin Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Palatin Technologies stock prices may prove useful in developing a viable investing in Palatin Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding14.7 M15.4 M
Net Loss-24.8 M-26 M

Palatin Technologies Stock Technical Analysis

Palatin Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Palatin Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Palatin Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Palatin Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Palatin Technologies' price direction in advance. Along with the technical and fundamental analysis of Palatin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palatin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Palatin Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Palatin Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Palatin Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Palatin Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palatin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Palatin Technologies. If investors know Palatin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Palatin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.98)
Revenue Per Share
0.306
Quarterly Revenue Growth
(0.80)
Return On Assets
(1.32)
Return On Equity
(6.23)
The market value of Palatin Technologies is measured differently than its book value, which is the value of Palatin that is recorded on the company's balance sheet. Investors also form their own opinion of Palatin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Palatin Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Palatin Technologies' market value can be influenced by many factors that don't directly affect Palatin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Palatin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palatin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palatin Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.