Palatin Story

PTN -- USA Stock

USD 0.78 0.04 4.88%

Macroaxis Story

Today's short post will outline Palatin as your potential position. We will inspect the question of why institutional investors should continue to be confident in Palatin outlook.

Published over a week ago

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Are Palatin (AMEX:PTN) institutional investors starting to hold back?

Palatin is UNDERVALUED at 1.50 per share with modest projections ahead. About 15.0% of the company shares are owned by institutional investors. Insiders ownership of Palatin refers to the amount of Palatin equity owned by Palatin officers, directors, relatives of the leadership team, or anyone who has access to private information before it's made available to the public. Check out our latest analysis of Palatin, including its current ownership diagnostics.

There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Palatin Technologies. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Palatin Technologies

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Palatin Technologies' stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Palatin Technologies in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Palatin Technologies. Your research has to be compared to or analyzed against Palatin Technologies' peers to derive any actionable benefits. When done correctly, Palatin Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Palatin Technologies.

Watch out for price decline

Please consider monitoring Palatin Technologies on a daily basis if you are holding a position in it. Palatin Technologies 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 Technologies stock to be traded above the $1 level to remain listed. If Palatin Technologies 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 Technologies's Liquidity

Palatin Technologies financial leverage refers to using borrowed capital as a funding source to finance Palatin Technologies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Palatin Technologies 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 Technologies's total debt and its cash.

How Palatin utilizes its cash?

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

Acquisition by Joseph Hull of 28000 shares of Palatin subject to Rule 16b-3

Legal trades by Palatin Technologies 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 grant of common stock by Joseph Hull, the corporate stakeholder, on 18th of January 2021. This event was filed by Palatin Technologies Inc with SEC on 2018-06-28. 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.

Detailed Perspective On Palatin Technologies

The latest price rise of Palatin may encourage institutional investors to take a closer look at the company as it is trading at a share price of 1.13 on very low momentum in trading volume. The company directors and management may have good odds in positioning the company resources to exploit market volatility in March. The stock standard deviation of daily returns for 30 days investing horizon is currently 8.51. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Palatin partners.

Analysis of Palatin

Total risk alpha is down to 0.87. It may entail a possible volatility slide. As of the 17th of February 2021, Palatin holds the Risk Adjusted Performance of 0.188, coefficient of variation of 426.34, and Semi Deviation of 4.31. 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 1.13 per share. Given that Palatin is a hitting penny stock territory we advise to closely look at its total risk alpha.

Our Final Perspective on Palatin

Whereas some other entities 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 bottom line, as of the 17th of February 2021, we believe that at this point, Palatin is abnormally volatile with very low odds of distress within the next 2 years. From a slightly different point of view, the entity appears to be undervalued. Our final 30 days buy-or-sell advice on the company is Buy.

About Contributor

Gabriel Shpitalnik is a Member of Macroaxs Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies. View Profile

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 Gabriel Shpitalnik do not own shares of Palatin Technologies. Please refer to our Terms of Use for any information regarding our disclosure principles.

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Palatin Story

USD 0.78 0.04 4.88%

Predictive Modules for Palatin Technologies

Watch out for price decline

How important is Palatin Technologies's Liquidity

How Palatin utilizes its cash?

Acquisition by Joseph Hull of 28000 shares of Palatin subject to Rule 16b-3

Detailed Perspective On Palatin Technologies

Analysis of Palatin

Our Final Perspective on Palatin

About Contributor

Would you like to provide feedback on the content of this article?

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