Palatin Story

<div class='circular--portrait' style='background:#689CFD;color: #ffffff;font-size:3em;'>PTN</div>
PTN -- USA Stock  

USD 0.48  0.01  2.13%

While some baby boomers are getting worried about healthcare space, it is reasonable to outline Palatin. We will analyze why Palatin investors may still consider a stake in the business. In this post, I will also go over a few different drivers affecting Palatin's products and services, and explain how it may impact Palatin institutional investors.
Published over a week ago
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Here is why Palatin (AMEX:PTN) can still attract institutional investors
We provide trade recommendations to complement the recent expert consensus on Palatin. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time.

Watch out for price decline

Please consider monitoring Palatin on a daily bases if you are holding a position in it. Palatin is trading at a penny-stock level, and the possibility of delisting is much higher compared to other equities. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Palatin stock to be traded above the $1 level to remain listed. If Palatin stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

How important is Palatin's Liquidity

Palatin financial leverage refers to using borrowed capital as a funding source to finance Palatin ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Palatin financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Palatin's total debt and its cash.

How Palatin utilizes its cash?

To perform a cash flow analysis of Palatin, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Palatin is receiving and how much cash it distributes out in a given period. The Palatin cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Payment of 13847 shares by Stephen Wills of Palatin subject to Rule 16b-3

Legal trades by Palatin insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Palatin insider trading alert for payment of common stock by Stephen Wills, Executive VP and CFOCOO, on 31st of August 2020. This event was filed by Palatin Technologies Inc with SEC on 2020-08-31. Statement of changes in beneficial ownership - SEC Form 4. Stephen Wills currently serves as chief financial officer, chief operating officer, executive vice president, treasurer, secretary of Palatin [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Detailed Perspective On Palatin

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Palatin has an asset utilization ratio of 556.08 percent. This suggests that the company is making $5.56 for each dollar of assets. An increasing asset utilization means that Palatin is more efficient with each dollar of assets it utilizes for everyday operations.

Analysis of Palatin

Coefficient Of Variation just dropped to -3380.7, may entail upcoming price depreciation. As of the 15th of September 2020, Palatin holds the coefficient of variation of (3,381), and Risk Adjusted Performance of (0.024865). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Palatin, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Palatin, which can be compared to its competitors. Please check Palatin standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Palatin is priced some-what accurately, providing market reflects its current price of 0.5 per share. As Palatin is a penny stock we also suggest to check out its total risk alpha numbers.

Whereas some companies in the biotechnology industry are either recovering or due for a correction, Palatin may not be performing as strong as the other in terms of long-term growth potentials. Taking everything into account, as of the 15th of September 2020, we see that Palatin very regressive towards the market. The company is undervalued with average probability of distress within the next 24 months. However, our up-to-date 30 days 'Buy-Sell' recommendation on the company is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Palatin. Please refer to our Terms of Use for any information regarding our disclosure principles.

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