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Palatin Technologies Inc PTN Stock Quote

| Rating as of

XASE: PTN

Last close prices updated as of Feb 03, 2023, 8:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 3.98
  • Sector Healthcare
  • Industry Biotechnology
  • Investment Style Small Growth
  • Day Range 3.89  –  4.30
  • Year Range 2.14  –  13.00
  • Market Cap 41.2086 Mil
  • Volume / Avg 41,029.0 /  63,194.5
  • Price / Sales 17.48
  • Price / Book 4.88
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis PTN

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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

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Key Statistics PTN

Company Profile PTN

Business Description

Palatin Technologies Inc is a part of the healthcare sector. The company is engaged in developing targeted, receptor-specific peptide therapeutics for the treatment of diseases with unmet medical needs and commercial potential. Its programs are based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems. Its main product in clinical development is bremelanotide, which treats hypoactive sexual desire disorder, which is a type of female sexual dysfunction.

Contact
4B Cedar Brook Drive
Cranbury, NJ, 08512
Industry Biotechnology
Employees 33

FAQs for Palatin Technologies Inc Stock

No. PTN does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PTN’s market cap is 41.21 Mil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PTN’s stock style is Small Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

PTN’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PTN’s historical performance against its industry peers and the overall market.