Worth Watching Stock: Palatin Technologies Inc. (NYSEMKT:PTN)


Palatin Technologies Inc. (NYSEMKT:PTN) will report its next earnings on Feb 14 – Feb 20 (Est.). The company reported the earnings of $-0.08/Share in the last quarter where the estimated EPS by analysts was $-0.06/share. The difference between the expected and actual EPS was $-0.02/share, which represents an Earnings surprise of -33.3%.

Some buy side analysts are also providing their Analysis on Palatin Technologies Inc., where 1 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 0 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 3 Analysts reported that the Price Target for Palatin Technologies Inc. might touch $7 high while the Average Price Target and Low price Target is $5.67 and $4 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Palatin Technologies Inc. got Initiated on 23-May-12 where investment firm Noble Financial Initiated the stock to Buy.

Palatin Technologies Inc. closed its last trading session at $0.67 with the gain of 22.39%. The Market Capitalization of the company stands at 88.58 Million. The Company has 52-week high of $0.86 and 52-week low of $0.36. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 51.04% where SMA50 and SMA200 are 46.11% and 54.96% respectively. The Company Touched its 52-Week High on Aug 1, 2016 and 52-Week Low on Mar 17, 2016.

The Relative Volume of the company is 3.3 and Average Volume (3 months) is 2.26 million. Palatin Technologies Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0.

The company shows its Return on Assets (ROA) value of -253.6%. The Return on Equity (ROE) value stands at 572.6%. While it’s Return on Investment (ROI) value is 0%.

While looking at the Stock’s Performance, Palatin Technologies Inc. currently shows a Weekly Performance of 54.72%, where Monthly Performance is 62.54%, Quarterly performance is 63.97%, 6 Months performance is 54.72% and yearly performance percentage is 17.14%. Year to Date performance value (YTD perf) value is 23.49%. The Stock currently has a Weekly Volatility of 16.97% and Monthly Volatility of 12.70%.