Palatin Technologies, Inc. (PTN)

The relative volume of the stock is 3.42, while its market cap is $49.81 Million. The RSI oscillates between zero and 100.

According to Zacks brokerage recommendations, Palatin Technologies, Inc. (PTN) is at 55.93. Price targets reflect what the analyst believes a stock will be worth four quarters into the future. This relationship increases the importance of accurate EPS growth estimates for different markets. After trading began at $45.13, the stock was seen striking at $45.59 as its peak price and $44.23 as its lowest price. However yesterday the stock remained in between $0.35 and $0.41. Sometimes it may seem like it, but analysts don't just pull their price targets out of thin air. The company has price-to-sale ratio of 3.29 in last 12-month period and its price to book ratio was registered at 6.69 in most recent quarter.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. EPS breaks down the profitability of the company on a single share basis. A "Buy" rating does not mean that every investor should acquire the stock. These analysts and investment firms use various valuation methods to decide a price target for a stock. (PTN) is its Earnings per Share or EPS. Equities research analysts forecast that Palatin Technologies will post ($0.07) earnings per share for the current year.

The company is expected to report earnings of $0.1 a share for the next quarter. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

The consensus analysts recommendation at this point stands at 1.70 for Palatin Technologies, Inc. The analysts estimated sales for the higher end at 60 million and lower end at 0 million while the year ago reported sale was 0 million. During the same period a year ago, the company earned ($0.08) EPS. The Moving Average SMA50 is 1.98% while SMA200 is -27.23%. It would take about 4.4 days to cover all short positions. Look at the direction of the moving average to get a basic idea of which way the price is moving. The previous close of the stock price is registered at $45.80.

Palatin Technologies, Inc. (PTN) closed -17.41% below its 200-day moving average and is 15.57% above another chart threshold, its 50-day moving average. In this case, shares are down -54.36% from $0.9, the 52-week high touched on November 30, 2016, but are collecting gains at -9.89% for the past 12 months. Currently, 6.2% of the shares of the stock are sold short.

Palatin Technologies Inc. (PTN) has a 52-week high of $0.90 and a 52-week low of $0.29. Palatin Technologies earned a media sentiment score of 0.17 on AlphaOne's scale.

08/19/2015 - Palatin Technologies, Inc. had its " rating reiterated by analysts at Piper Jaffray. (PTN) in a note sent to investors on 23-May-12. This rating was issued on 6/05/15. Additionally, Rodman & Renshaw Initiated its ratings on the stock to Mkt Outperform. The Beta for the company stands at 1.36 and its Average True Range (ATR) shows a value of 0.02.

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