Palatin Technologies Stock Price History
| PTN Stock | USD 1.82 0.10 5.21% |
Below is the normalized historical share price chart for Palatin Technologies extending back to October 28, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Palatin Technologies stands at 1.82, as last reported on the 16th of April 2024, with the highest price reaching 1.98 and the lowest price hitting 1.81 during the day.
If you're considering investing in Palatin Stock, it is important to understand the factors that can impact its price. Palatin Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.0217, which implies the firm had a -0.0217% return per unit of risk over the last 3 months. Palatin Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Palatin Technologies' Coefficient Of Variation of (7,648), risk adjusted performance of 0.0012, and Variance of 96.03 to confirm the risk estimate we provide.
At this time, Palatin Technologies' Common Stock Total Equity is very stable compared to the past year. As of the 16th of April 2024, Common Stock Shares Outstanding is likely to grow to about 13.1 M, while Total Stockholder Equity is likely to drop about 146.5 K. . At this time, Palatin Technologies' Price Book Value Ratio is very stable compared to the past year. As of the 16th of April 2024, Price To Book Ratio is likely to grow to 161.19, while Price To Sales Ratio is likely to drop 4.03. Palatin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of October 1993 | 200 Day MA 2.3785 | 50 Day MA 2.4756 | Beta 0.888 |
Palatin |
Sharpe Ratio = -0.0217
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PTN |
Estimated Market Risk
| 9.94 actual daily | 87 87% of assets are less volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Palatin Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Palatin Technologies by adding Palatin Technologies to a well-diversified portfolio.
Price Book 4.2522 | Enterprise Value Ebitda (0.64) | Price Sales 4.3651 | Shares Float 15.5 M | Wall Street Target Price 9.33 |
Palatin Technologies Stock Price History Chart
There are several ways to analyze Palatin Stock price data. The simplest method is using a basic Palatin candlestick price chart, which shows Palatin Technologies price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | January 29, 2024 | 5.46 |
| Lowest Price | March 14, 2024 | 1.5 |
Palatin Technologies April 16, 2024 Stock Price Synopsis
Various analyses of Palatin Technologies' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Palatin Stock. It can be used to describe the percentage change in the price of Palatin Technologies from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Palatin Stock.| Palatin Technologies Price Rate Of Daily Change | 0.95 | |
| Palatin Technologies Price Daily Balance Of Power | (0.59) | |
| Palatin Technologies Price Action Indicator | (0.12) |
Palatin Technologies April 16, 2024 Stock Price Analysis
Palatin Stock Price History Data
The price series of Palatin Technologies for the period between Wed, Jan 17, 2024 and Tue, Apr 16, 2024 has a statistical range of 3.96 with a coefficient of variation of 39.26. The price distribution for the period has arithmetic mean of 2.72. The median price for the last 90 days is 2.45. The company completed stock split (1:25) on 31st of August 2022.| Open | High | Low | Close | Volume | ||
04/16/2024 | 1.94 | 1.98 | 1.81 | 1.82 | ||
| 04/15/2024 | 1.94 | 1.98 | 1.81 | 1.82 | 295,919 | |
| 04/12/2024 | 1.99 | 2.03 | 1.85 | 1.92 | 320,223 | |
| 04/11/2024 | 1.87 | 2.03 | 1.87 | 2.00 | 303,968 | |
| 04/10/2024 | 2.11 | 2.11 | 1.75 | 1.87 | 496,608 | |
| 04/09/2024 | 2.10 | 2.17 | 1.91 | 2.08 | 826,783 | |
| 04/08/2024 | 1.80 | 2.88 | 1.80 | 2.02 | 12,681,075 | |
| 04/05/2024 | 1.75 | 1.77 | 1.69 | 1.76 | 94,393 | |
| 04/04/2024 | 1.72 | 1.80 | 1.66 | 1.74 | 106,113 | |
| 04/03/2024 | 1.68 | 1.72 | 1.64 | 1.70 | 98,182 | |
| 04/02/2024 | 1.80 | 1.82 | 1.68 | 1.72 | 106,179 | |
| 04/01/2024 | 1.86 | 1.90 | 1.75 | 1.76 | 71,131 | |
| 03/29/2024 | 1.61 | 1.92 | 1.61 | 1.87 | 397,739 | |
| 03/28/2024 | 1.61 | 1.92 | 1.61 | 1.87 | 395,918 | |
| 03/27/2024 | 1.63 | 1.67 | 1.58 | 1.60 | 113,040 | |
| 03/26/2024 | 1.55 | 1.65 | 1.53 | 1.62 | 186,919 | |
| 03/25/2024 | 1.56 | 1.60 | 1.52 | 1.52 | 103,114 | |
| 03/22/2024 | 1.57 | 1.62 | 1.51 | 1.55 | 150,356 | |
| 03/21/2024 | 1.58 | 1.66 | 1.55 | 1.62 | 165,281 | |
| 03/20/2024 | 1.60 | 1.60 | 1.46 | 1.57 | 254,656 | |
| 03/19/2024 | 1.58 | 1.63 | 1.53 | 1.56 | 163,343 | |
| 03/18/2024 | 1.55 | 1.73 | 1.52 | 1.60 | 369,433 | |
| 03/15/2024 | 1.54 | 1.63 | 1.51 | 1.54 | 377,719 | |
| 03/14/2024 | 1.60 | 1.60 | 1.50 | 1.50 | 265,748 | |
| 03/13/2024 | 1.70 | 1.71 | 1.60 | 1.60 | 185,498 | |
| 03/12/2024 | 1.75 | 1.76 | 1.64 | 1.67 | 188,449 | |
| 03/11/2024 | 1.88 | 1.88 | 1.63 | 1.71 | 471,138 | |
| 03/08/2024 | 1.93 | 1.98 | 1.79 | 1.84 | 504,998 | |
| 03/07/2024 | 1.88 | 1.94 | 1.83 | 1.89 | 148,155 | |
| 03/06/2024 | 1.98 | 2.02 | 1.83 | 1.86 | 537,093 | |
| 03/05/2024 | 1.98 | 2.14 | 1.96 | 1.97 | 357,758 | |
| 03/04/2024 | 2.24 | 2.26 | 1.95 | 1.98 | 875,324 | |
| 03/01/2024 | 2.04 | 2.34 | 2.02 | 2.20 | 979,725 | |
| 02/29/2024 | 2.29 | 2.30 | 1.85 | 2.01 | 1,548,904 | |
| 02/28/2024 | 2.20 | 2.76 | 2.04 | 2.45 | 3,931,093 | |
| 02/27/2024 | 3.65 | 3.99 | 3.56 | 3.97 | 672,774 | |
| 02/26/2024 | 3.11 | 3.67 | 3.02 | 3.62 | 941,373 | |
| 02/23/2024 | 3.12 | 3.19 | 2.96 | 3.13 | 386,184 | |
| 02/22/2024 | 3.07 | 3.19 | 2.97 | 3.19 | 325,964 | |
| 02/21/2024 | 3.21 | 3.30 | 2.86 | 2.98 | 592,750 | |
| 02/20/2024 | 3.09 | 3.37 | 3.00 | 3.24 | 789,326 | |
| 02/16/2024 | 3.26 | 3.28 | 2.95 | 3.02 | 999,752 | |
| 02/15/2024 | 4.03 | 4.04 | 3.05 | 3.15 | 1,340,772 | |
| 02/14/2024 | 4.00 | 4.18 | 3.96 | 4.14 | 370,017 | |
| 02/13/2024 | 4.00 | 4.07 | 3.76 | 3.95 | 418,303 | |
| 02/12/2024 | 4.33 | 4.65 | 4.10 | 4.10 | 414,140 | |
| 02/09/2024 | 4.07 | 4.25 | 3.95 | 4.25 | 388,076 | |
| 02/08/2024 | 4.05 | 4.20 | 3.72 | 4.02 | 404,198 | |
| 02/07/2024 | 4.20 | 4.20 | 3.81 | 4.09 | 384,496 | |
| 02/06/2024 | 4.15 | 4.28 | 3.90 | 4.17 | 324,629 | |
| 02/05/2024 | 3.80 | 4.39 | 3.63 | 4.07 | 929,849 | |
| 02/02/2024 | 3.90 | 3.90 | 3.33 | 3.78 | 545,961 | |
| 02/01/2024 | 4.29 | 4.29 | 3.45 | 3.61 | 635,816 | |
| 01/31/2024 | 5.13 | 5.22 | 4.13 | 4.21 | 926,613 | |
| 01/30/2024 | 4.96 | 5.15 | 4.56 | 4.88 | 901,362 | |
| 01/29/2024 | 4.42 | 5.65 | 4.37 | 5.46 | 977,479 | |
| 01/26/2024 | 4.01 | 4.40 | 3.83 | 4.33 | 427,983 | |
| 01/25/2024 | 3.90 | 4.00 | 3.65 | 4.00 | 228,833 | |
| 01/24/2024 | 3.87 | 4.01 | 3.60 | 3.82 | 300,440 | |
| 01/23/2024 | 3.71 | 3.90 | 3.51 | 3.81 | 238,211 | |
| 01/22/2024 | 3.70 | 4.07 | 3.45 | 3.67 | 800,511 |
About Palatin Technologies Stock history
Palatin Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Palatin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palatin Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Palatin Technologies stock prices may prove useful in developing a viable investing in Palatin Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.5 M | 13.1 M | |
| Net Loss | -24.8 M | -26 M |
Palatin Technologies Stock Technical Analysis
Palatin Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Palatin Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Palatin Technologies' price direction in advance. Along with the technical and fundamental analysis of Palatin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palatin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0012 | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (0.1) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palatin Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Palatin Stock analysis
When running Palatin Technologies' price analysis, check to measure Palatin Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palatin Technologies is operating at the current time. Most of Palatin Technologies' value examination focuses on studying past and present price action to predict the probability of Palatin Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palatin Technologies' price. Additionally, you may evaluate how the addition of Palatin Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Palatin Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Palatin Technologies. If investors know Palatin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Palatin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.98) | Revenue Per Share 0.575 | Quarterly Revenue Growth 0.982 | Return On Assets (0.85) | Return On Equity (14.13) |
The market value of Palatin Technologies is measured differently than its book value, which is the value of Palatin that is recorded on the company's balance sheet. Investors also form their own opinion of Palatin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Palatin Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Palatin Technologies' market value can be influenced by many factors that don't directly affect Palatin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Palatin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palatin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palatin Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.