Palatin Story

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PTN -- USA Stock  

USD 0.78  0.01  1.30%

Palatin is scheduled to announce its earnings today. As some millenniums are still trying to avoid healthcare space, I will try to outline Palatin a little further in order to understand its potential as a viable investment. We will analyze why Palatin investors may still consider a stake in the business given the latest economic outlook.
Published over three months ago
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Should you trust Palatin (AMEX:PTN) latest analyst consensus?
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.
What is the right price you would pay to acquire a share of Palatin? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our stock advisor page.

Watch out for price decline

Please consider monitoring Palatin on a daily basis 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.

What is happening with Palatin this year

Annual and quarterly reports issued by Palatin are formal financial statements that are published yearly and quarterly and sent to Palatin stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934. Companies such as Palatin often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

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.

Purchase by Robert deVeer of 54000 shares of Palatin

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 perchase of common stock by Robert deVeer, the corporate stakeholder, on 30th of November 2020. This event was filed by Palatin Technologies Inc with SEC on 2020-11-30. Statement of changes in beneficial ownership - SEC Form 4 [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.

Is Palatin a risky opportunity?

Let's check the volatility. Palatin is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Palatin (AMEX:PTN) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. picking up a share of a Palatin stock makes you a part-owner of that company.

Palatin Current Consensus

Here is the latest trade recommendation based on an ongoing consensus estimate among financial analysis covering Palatin. The Palatin consensus assessment is calculated by taking the average estimates from all of the analysts covering Palatin

Strong Buy
Strong Buy2100.0
Strong Sell00.0

Another setback for Palatin institutional investors

Palatin jensen alpha is up to -0.01. Palatin exhibits very low volatility with skewness of 1.91 and kurtosis of 7.58. However, we advise investors to further study Palatin technical indicators to make sure all market info is available and is reliable. Palatin is a potential penny stock. Although Palatin may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Palatin. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

The Current Takeaway on Palatin Investment

Whereas some firms 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. The inconsistency in the assessment between current Palatin valuation and our trade advice on Palatin is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Palatin.

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 Ellen Johnson do not own shares of Palatin. Please refer to our Terms of Use for any information regarding our disclosure principles.

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