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Palatin Technologies Inc
Buy, Hold or Sell?

Let's analyze Palatin together

I guess you are interested in Palatin Technologies Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Palatin Technologies Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Palatin (30 sec.)










1.2. What can you expect buying and holding a share of Palatin? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
2.5%

What is your share worth?

Current worth
$-0.39
Expected worth in 1 year
$-0.52
How sure are you?
27.5%

+ What do you gain per year?

Total Gains per Share
$-0.14
Return On Investment
-10.4%

For what price can you sell your share?

Current Price per Share
$1.32
Expected price per share
$1.4 - $1.72
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Palatin (5 min.)




Live pricePrice per Share (EOD)
$1.32
Intrinsic Value Per Share
$-20.70 - $-7.98
Total Value Per Share
$-21.09 - $-8.36

2.2. Growth of Palatin (5 min.)




Is Palatin growing?

Current yearPrevious yearGrowGrow %
How rich?-$7.6m$5.8m-$10.1m-235.4%

How much money is Palatin making?

Current yearPrevious yearGrowGrow %
Making money-$8m-$6.2m-$1.8m-22.7%
Net Profit Margin-685.7%-402.9%--

How much money comes from the company's main activities?

2.3. Financial Health of Palatin (5 min.)




2.4. Comparing to competitors in the Biotechnology industry (5 min.)




  Industry Rankings (Biotechnology)  


Richest
#863 / 933

Most Revenue
#549 / 933

Most Profit
#482 / 933

Most Efficient
#655 / 933
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Palatin?

Welcome investor! Palatin's management wants to use your money to grow the business. In return you get a share of Palatin.

First you should know what it really means to hold a share of Palatin. And how you can make/lose money.

Speculation

The Price per Share of Palatin is $1.32. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Palatin.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Palatin, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $-0.39. Based on the TTM, the Book Value Change Per Share is $-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.17 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Palatin.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.39-29.9%-0.41-31.2%-0.32-24.4%-0.39-29.7%-0.23-17.5%
Usd Book Value Change Per Share-0.38-28.9%-0.03-2.6%-0.17-12.9%-0.27-20.1%-0.02-1.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.1%0.000.0%0.000.0%
Usd Total Gains Per Share-0.38-28.9%-0.03-2.6%-0.17-12.8%-0.26-20.1%-0.02-1.8%
Usd Price Per Share0.89-2.17-2.23-1.47-1.12-
Price to Earnings Ratio-0.57--1.32--3.22--1.29--0.89-
Price-to-Total Gains Ratio-2.34--8.70--2.86--3.99--1.65-
Price to Book Ratio-2.31--82.03-5.29--14.55--7.05-
Price-to-Total Gains Ratio-2.34--8.70--2.86--3.99--1.65-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.32
Number of shares757
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.03-0.27
Usd Total Gains Per Share-0.03-0.26
Gains per Quarter (757 shares)-25.96-200.49
Gains per Year (757 shares)-103.84-801.97
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-104-1141-803-812
20-208-2182-1606-1614
30-312-3223-2409-2416
40-415-4265-3212-3218
50-519-5306-4015-4020
60-623-6347-4819-4822
70-727-7388-5622-5624
80-831-8429-6425-6426
90-935-94610-7228-7228
100-1038-105011-8031-8030

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%0.020.00.00.0%6.034.00.015.0%9.0104.00.08.0%
Book Value Change Per Share1.03.00.025.0%2.010.00.016.7%2.018.00.010.0%11.029.00.027.5%35.077.01.031.0%
Dividend per Share0.00.04.00.0%1.00.011.08.3%1.00.019.05.0%1.00.039.02.5%1.00.0112.00.9%
Total Gains per Share1.03.00.025.0%2.010.00.016.7%2.018.00.010.0%11.029.00.027.5%35.077.01.031.0%
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3.2. Key Performance Indicators

The key performance indicators of Palatin Technologies Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.382-0.034-91%-0.171-55%-0.265-30%-0.023-94%
Book Value Per Share---0.387-0.218-44%0.298-230%1.670-123%1.250-131%
Current Ratio--0.2650.893-70%1.630-84%8.799-97%7.752-97%
Debt To Asset Ratio--3.2501.733+88%0.856+280%0.681+377%0.769+323%
Debt To Equity Ratio---1.556-100%29.973-100%6.621-100%3.836-100%
Dividend Per Share----0%0.002-100%0.000-100%0.000-100%
Enterprise Value--9032812.80636334591.202-75%42046139.750-79%55323847.532-84%40207338.854-78%
Eps---0.394-0.412+5%-0.322-18%-0.3920%-0.231-41%
Ev To Ebitda Ratio---0.292-1.144+292%-1.468+403%-1.930+561%-1.518+420%
Ev To Sales Ratio--infinfnan%8.233+inf%infnan%nannan%
Free Cash Flow Per Share---0.354-0.416+18%-0.333-6%-0.342-3%-0.195-45%
Free Cash Flow To Equity Per Share---0.360-0.160-55%-0.200-44%-0.270-25%-0.034-91%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---7.977--------
Intrinsic Value_10Y_min---20.702--------
Intrinsic Value_1Y_max---0.785--------
Intrinsic Value_1Y_min---1.651--------
Intrinsic Value_3Y_max---2.371--------
Intrinsic Value_3Y_min---5.356--------
Intrinsic Value_5Y_max---3.969--------
Intrinsic Value_5Y_min---9.468--------
Market Cap25803624.000+31%17749462.80642556355.702-58%43592486.000-59%28744831.032-38%21861135.454-19%
Net Profit Margin----6.8570%-4.0290%-45.6960%-32.3200%
Operating Margin----6.8550%-5.2380%-46.3150%-32.7130%
Operating Ratio---7.264-100%6.273-100%54.915-100%43.766-100%
Pb Ratio-3.408-48%-2.309-82.035+3452%5.286-144%-14.550+530%-7.049+205%
Pe Ratio-0.837-48%-0.567-1.321+133%-3.219+468%-1.292+128%-0.888+57%
Price Per Share1.320+32%0.8942.174-59%2.230-60%1.470-39%1.118-20%
Price To Free Cash Flow Ratio-0.933-48%-0.632-1.254+98%-3.130+395%-1.246+97%-0.798+26%
Price To Total Gains Ratio-3.459-48%-2.344-8.698+271%-2.865+22%-3.992+70%-1.646-30%
Quick Ratio--0.2420.865-72%1.461-83%8.495-97%7.574-97%
Return On Assets---2.291-1.094-52%-0.360-84%-0.386-83%-0.298-87%
Return On Equity----1.3360%-20.1830%-4.4910%-2.2850%
Total Gains Per Share---0.382-0.034-91%-0.169-56%-0.265-31%-0.023-94%
Usd Book Value---7685605.000-4294873.250-44%5816084.750-232%32630903.450-124%24425140.025-131%
Usd Book Value Change Per Share---0.382-0.034-91%-0.171-55%-0.265-30%-0.023-94%
Usd Book Value Per Share---0.387-0.218-44%0.298-230%1.670-123%1.250-131%
Usd Dividend Per Share----0%0.002-100%0.000-100%0.000-100%
Usd Enterprise Value--9032812.80636334591.202-75%42046139.750-79%55323847.532-84%40207338.854-78%
Usd Eps---0.394-0.412+5%-0.322-18%-0.3920%-0.231-41%
Usd Free Cash Flow---7016213.000-8153447.750+16%-6509193.250-7%-6689522.100-5%-3823357.150-46%
Usd Free Cash Flow Per Share---0.354-0.416+18%-0.333-6%-0.342-3%-0.195-45%
Usd Free Cash Flow To Equity Per Share---0.360-0.160-55%-0.200-44%-0.270-25%-0.034-91%
Usd Market Cap25803624.000+31%17749462.80642556355.702-58%43592486.000-59%28744831.032-38%21861135.454-19%
Usd Price Per Share1.320+32%0.8942.174-59%2.230-60%1.470-39%1.118-20%
Usd Profit---7823649.000-8088440.750+3%-6256242.000-20%-7875335.350+1%-4625915.525-41%
Usd Revenue---596028.250-100%1522500.250-100%538111.350-100%5759813.325-100%
Usd Total Gains Per Share---0.382-0.034-91%-0.169-56%-0.265-31%-0.023-94%
 EOD+6 -2MRQTTM+11 -22YOY+7 -295Y+6 -2910Y+4 -31

3.3 Fundamental Score

Let's check the fundamental score of Palatin Technologies Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.837
Price to Book Ratio (EOD)Between0-1-3.408
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.242
Current Ratio (MRQ)Greater than10.265
Debt to Asset Ratio (MRQ)Less than13.250
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-2.291
Total1/10 (10.0%)

3.4 Technical Score

Let's check the technical score of Palatin Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.822
Ma 20Greater thanMa 501.003
Ma 50Greater thanMa 1001.062
Ma 100Greater thanMa 2001.141
OpenGreater thanClose1.430
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Palatin Technologies Inc

Palatin Technologies, Inc., a biopharmaceutical company, develops targeted receptor-specific therapeutics for the treatment of various diseases in the United States. The company's lead product is Vyleesi, a melanocortin receptor (MCr) agonist for the treatment of premenopausal women with hypoactive sexual desire disorder. It is also developing oral PL8177, a selective MC1r agonist peptide that is in Phase 2 clinical trial for the treatment of inflammatory bowel diseases. In addition, the company engages in the development of PL9643, a peptide melanocortin agonist active at multiple MCrs, including MC1r and MC5r for anti-inflammatory ocular indications, such as dry eye disease, which is in Phase 3 clinical trial; and melanocortin peptides for diabetic retinopathy. Further, it is developing PL8177, an oral peptide formulation for treatment of ulcerative colitis, which entered Phase 2 clinical trials. Palatin Technologies, Inc. was founded in 1986 and is based in Cranbury, New Jersey.

Fundamental data was last updated by Penke on 2024-12-18 18:45:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is unable to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Palatin earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Palatin to the Biotechnology industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Palatin Technologies Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-685.7%+685.7%
TTM-685.7%YOY-402.9%-282.8%
TTM-685.7%5Y-4,569.6%+3,883.8%
5Y-4,569.6%10Y-3,232.0%-1,337.5%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ--104.7%+104.7%
TTM-685.7%-220.8%-464.9%
YOY-402.9%-208.6%-194.3%
5Y-4,569.6%-353.9%-4,215.7%
10Y-3,232.0%-486.1%-2,745.9%
4.3.1.2. Return on Assets

Shows how efficient Palatin is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Palatin to the Biotechnology industry mean.
  • -229.1% Return on Assets means that Palatin generated $-2.29 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Palatin Technologies Inc:

  • The MRQ is -229.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -109.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-229.1%TTM-109.4%-119.7%
TTM-109.4%YOY-36.0%-73.5%
TTM-109.4%5Y-38.6%-70.9%
5Y-38.6%10Y-29.8%-8.8%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-229.1%-12.7%-216.4%
TTM-109.4%-13.0%-96.4%
YOY-36.0%-12.3%-23.7%
5Y-38.6%-13.6%-25.0%
10Y-29.8%-15.7%-14.1%
4.3.1.3. Return on Equity

Shows how efficient Palatin is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Palatin to the Biotechnology industry mean.
  • 0.0% Return on Equity means Palatin generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Palatin Technologies Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-133.6%+133.6%
TTM-133.6%YOY-2,018.3%+1,884.7%
TTM-133.6%5Y-449.1%+315.6%
5Y-449.1%10Y-228.5%-220.7%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ--16.7%+16.7%
TTM-133.6%-17.7%-115.9%
YOY-2,018.3%-16.4%-2,001.9%
5Y-449.1%-20.6%-428.5%
10Y-228.5%-21.2%-207.3%
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4.3.2. Operating Efficiency of Palatin Technologies Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Palatin is operating .

  • Measures how much profit Palatin makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Palatin to the Biotechnology industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Palatin Technologies Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-685.5%+685.5%
TTM-685.5%YOY-523.8%-161.7%
TTM-685.5%5Y-4,631.5%+3,946.0%
5Y-4,631.5%10Y-3,271.3%-1,360.2%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ--201.1%+201.1%
TTM-685.5%-327.1%-358.4%
YOY-523.8%-227.9%-295.9%
5Y-4,631.5%-373.0%-4,258.5%
10Y-3,271.3%-506.1%-2,765.2%
4.3.2.2. Operating Ratio

Measures how efficient Palatin is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Biotechnology industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Palatin Technologies Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM7.264-7.264
TTM7.264YOY6.273+0.991
TTM7.2645Y54.915-47.651
5Y54.91510Y43.766+11.149
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.175-2.175
TTM7.2643.269+3.995
YOY6.2733.231+3.042
5Y54.9154.838+50.077
10Y43.7666.440+37.326
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4.4.3. Liquidity of Palatin Technologies Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Palatin is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Biotechnology industry mean).
  • A Current Ratio of 0.26 means the company has $0.26 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Palatin Technologies Inc:

  • The MRQ is 0.265. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.893. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.265TTM0.893-0.628
TTM0.893YOY1.630-0.737
TTM0.8935Y8.799-7.905
5Y8.79910Y7.752+1.047
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2653.610-3.345
TTM0.8933.850-2.957
YOY1.6304.618-2.988
5Y8.7995.895+2.904
10Y7.7526.181+1.571
4.4.3.2. Quick Ratio

Measures if Palatin is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Palatin to the Biotechnology industry mean.
  • A Quick Ratio of 0.24 means the company can pay off $0.24 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Palatin Technologies Inc:

  • The MRQ is 0.242. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.865. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.242TTM0.865-0.623
TTM0.865YOY1.461-0.596
TTM0.8655Y8.495-7.630
5Y8.49510Y7.574+0.920
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2423.042-2.800
TTM0.8653.365-2.500
YOY1.4614.341-2.880
5Y8.4955.927+2.568
10Y7.5746.436+1.138
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4.5.4. Solvency of Palatin Technologies Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Palatin assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Palatin to Biotechnology industry mean.
  • A Debt to Asset Ratio of 3.25 means that Palatin assets are financed with 325.0% credit (debt) and the remaining percentage (100% - 325.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Palatin Technologies Inc:

  • The MRQ is 3.250. The company is unable to pay all its debts by selling its assets. -2
  • The TTM is 1.733. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ3.250TTM1.733+1.518
TTM1.733YOY0.856+0.876
TTM1.7335Y0.681+1.051
5Y0.68110Y0.769-0.088
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2500.342+2.908
TTM1.7330.344+1.389
YOY0.8560.310+0.546
5Y0.6810.366+0.315
10Y0.7690.385+0.384
4.5.4.2. Debt to Equity Ratio

Measures if Palatin is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Palatin to the Biotechnology industry mean.
  • A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Palatin Technologies Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.556-1.556
TTM1.556YOY29.973-28.417
TTM1.5565Y6.621-5.065
5Y6.62110Y3.836+2.785
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.393-0.393
TTM1.5560.432+1.124
YOY29.9730.381+29.592
5Y6.6210.440+6.181
10Y3.8360.490+3.346
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Palatin generates.

  • Above 15 is considered overpriced but always compare Palatin to the Biotechnology industry mean.
  • A PE ratio of -0.57 means the investor is paying $-0.57 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Palatin Technologies Inc:

  • The EOD is -0.837. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.567. Based on the earnings, the company is expensive. -2
  • The TTM is -1.321. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.837MRQ-0.567-0.270
MRQ-0.567TTM-1.321+0.754
TTM-1.321YOY-3.219+1.898
TTM-1.3215Y-1.292-0.030
5Y-1.29210Y-0.888-0.403
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-0.837-2.417+1.580
MRQ-0.567-2.689+2.122
TTM-1.321-3.212+1.891
YOY-3.219-3.335+0.116
5Y-1.292-6.365+5.073
10Y-0.888-6.688+5.800
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Palatin Technologies Inc:

  • The EOD is -0.933. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.632. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.254. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.933MRQ-0.632-0.301
MRQ-0.632TTM-1.254+0.621
TTM-1.254YOY-3.130+1.877
TTM-1.2545Y-1.246-0.008
5Y-1.24610Y-0.798-0.448
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-0.933-3.227+2.294
MRQ-0.632-3.671+3.039
TTM-1.254-4.037+2.783
YOY-3.130-4.475+1.345
5Y-1.246-8.209+6.963
10Y-0.798-9.383+8.585
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Palatin is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Biotechnology industry mean).
  • A PB ratio of -2.31 means the investor is paying $-2.31 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Palatin Technologies Inc:

  • The EOD is -3.408. Based on the equity, the company is expensive. -2
  • The MRQ is -2.309. Based on the equity, the company is expensive. -2
  • The TTM is -82.035. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.408MRQ-2.309-1.099
MRQ-2.309TTM-82.035+79.725
TTM-82.035YOY5.286-87.320
TTM-82.0355Y-14.550-67.485
5Y-14.55010Y-7.049-7.501
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-3.4081.991-5.399
MRQ-2.3092.265-4.574
TTM-82.0352.447-84.482
YOY5.2862.485+2.801
5Y-14.5503.656-18.206
10Y-7.0494.210-11.259
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Palatin Technologies Inc.

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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2024-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets3,415
Total Liabilities11,101
Total Stockholder Equity-7,686
 As reported
Total Liabilities 11,101
Total Stockholder Equity+ -7,686
Total Assets = 3,415

Assets

Total Assets3,415
Total Current Assets2,613
Long-term Assets803
Total Current Assets
Cash And Cash Equivalents 2,384
Other Current Assets 228
Total Current Assets  (as reported)2,613
Total Current Assets  (calculated)2,613
+/-0
Long-term Assets
Property Plant Equipment 746
Long-term Assets Other 57
Long-term Assets  (as reported)803
Long-term Assets  (calculated)803
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities9,862
Long-term Liabilities1,239
Total Stockholder Equity-7,686
Total Current Liabilities
Short-term Debt 338
Accounts payable 3,949
Other Current Liabilities 5,575
Total Current Liabilities  (as reported)9,862
Total Current Liabilities  (calculated)9,862
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)1,239
Long-term Liabilities  (calculated)0
+/- 1,239
Total Stockholder Equity
Retained Earnings -449,590
Other Stockholders Equity 441,905
Total Stockholder Equity (as reported)-7,686
Total Stockholder Equity (calculated)-7,686
+/-0
Other
Cash and Short Term Investments 2,384
Common Stock Shares Outstanding 19,845
Liabilities and Stockholders Equity 3,415
Net Debt -1,914
Net Working Capital -7,249
Short Long Term Debt Total 470



5.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-311996-12-311996-09-301996-06-30
> Total Assets 
7,000
4,700
3,300
5,500
14,100
11,700
9,100
7,300
6,500
5,500
3,900
5,600
4,700
14,600
12,700
10,401
8,885
8,885
20,160
17,409
14,244
10,546
17,433
13,692
12,358
10,169
16,016
30,065
22,721
19,687
15,526
30,955
24,379
41,514
39,483
37,927
35,166
38,275
30,795
26,212
40,047
29,967
24,669
51,826
42,781
34,484
30,130
24,867
19,125
14,368
16,844
16,934
13,200
15,316
13,570
14,554
12,389
8,389
6,470
24,687
21,173
16,842
14,995
10,453
5,380
34,703
33,577
30,389
25,074
22,890
18,756
17,378
12,559
18,452
47,591
39,028
29,474
49,684
35,394
24,915
11,052
11,401
14,468
61,284
56,833
50,538
36,982
27,160
39,017
33,633
25,668
21,006
104,735
97,973
92,756
90,055
85,054
101,159
86,778
80,872
67,297
59,733
52,995
43,817
36,071
27,642
31,977
25,609
17,939
11,247
13,555
11,406
10,742
3,415
3,41510,74211,40613,55511,24717,93925,60931,97727,64236,07143,81752,99559,73367,29780,87286,778101,15985,05490,05592,75697,973104,73521,00625,66833,63339,01727,16036,98250,53856,83361,28414,46811,40111,05224,91535,39449,68429,47439,02847,59118,45212,55917,37818,75622,89025,07430,38933,57734,7035,38010,45314,99516,84221,17324,6876,4708,38912,38914,55413,57015,31613,20016,93416,84414,36819,12524,86730,13034,48442,78151,82624,66929,96740,04726,21230,79538,27535,16637,92739,48341,51424,37930,95515,52619,68722,72130,06516,01610,16912,35813,69217,43310,54614,24417,40920,1608,8858,88510,40112,70014,6004,7005,6003,9005,5006,5007,3009,10011,70014,1005,5003,3004,7007,000
   > Total Current Assets 
6,900
4,400
3,000
5,200
13,100
10,200
7,400
5,500
4,900
3,900
2,300
4,100
2,900
12,900
11,000
8,513
6,508
6,508
18,193
15,171
11,661
8,848
15,559
10,868
8,294
4,923
11,989
26,151
18,830
15,915
11,762
27,324
20,841
37,343
35,527
30,713
26,819
30,122
22,530
18,173
32,187
22,364
17,034
44,145
35,388
27,674
23,592
18,655
13,265
8,835
11,784
12,192
8,820
11,252
9,857
11,133
9,264
5,558
3,929
22,572
19,263
15,287
13,781
9,460
4,737
34,344
33,233
30,024
24,750
22,587
18,482
17,132
12,341
18,261
47,215
38,701
29,196
49,334
35,084
24,643
10,808
11,254
14,329
61,152
56,578
50,288
36,247
26,438
38,514
33,144
25,193
20,511
104,414
97,393
92,234
89,623
83,590
99,784
85,491
79,385
65,907
58,390
51,368
42,246
34,596
26,177
30,551
24,239
16,322
9,805
12,245
10,269
9,770
2,613
2,6139,77010,26912,2459,80516,32224,23930,55126,17734,59642,24651,36858,39065,90779,38585,49199,78483,59089,62392,23497,393104,41420,51125,19333,14438,51426,43836,24750,28856,57861,15214,32911,25410,80824,64335,08449,33429,19638,70147,21518,26112,34117,13218,48222,58724,75030,02433,23334,3444,7379,46013,78115,28719,26322,5723,9295,5589,26411,1339,85711,2528,82012,19211,7848,83513,26518,65523,59227,67435,38844,14517,03422,36432,18718,17322,53030,12226,81930,71335,52737,34320,84127,32411,76215,91518,83026,15111,9894,9238,29410,86815,5598,84811,66115,17118,1936,5086,5088,51311,00012,9002,9004,1002,3003,9004,9005,5007,40010,20013,1005,2003,0004,4006,900
       Cash And Cash Equivalents 
6,800
4,300
2,900
4,900
12,800
9,600
7,100
5,300
4,500
3,700
2,200
3,900
2,300
10,700
8,300
5,497
3,220
3,220
14,866
14,811
11,456
8,621
15,024
10,652
7,944
4,329
8,567
22,392
14,295
9,793
7,367
23,238
17,947
31,925
28,745
25,027
15,720
23,085
16,763
13,948
28,333
18,192
13,674
40,576
31,448
24,306
20,405
14,223
9,422
4,736
2,953
7,570
4,379
4,188
3,923
6,776
5,405
1,235
1,732
22,033
18,870
14,884
11,898
8,770
3,827
33,461
32,851
23,537
19,168
18,585
16,682
16,718
12,185
17,788
42,694
36,729
27,299
47,524
31,991
21,767
8,003
8,868
12,115
54,505
40,200
39,709
34,958
25,736
38,000
32,619
24,658
19,813
43,510
96,698
91,459
88,947
82,852
86,587
72,156
68,641
60,105
53,421
47,326
37,720
29,939
21,192
21,183
19,632
7,990
5,525
9,485
10,014
9,527
2,384
2,3849,52710,0149,4855,5257,99019,63221,18321,19229,93937,72047,32653,42160,10568,64172,15686,58782,85288,94791,45996,69843,51019,81324,65832,61938,00025,73634,95839,70940,20054,50512,1158,8688,00321,76731,99147,52427,29936,72942,69417,78812,18516,71816,68218,58519,16823,53732,85133,4613,8278,77011,89814,88418,87022,0331,7321,2355,4056,7763,9234,1884,3797,5702,9534,7369,42214,22320,40524,30631,44840,57613,67418,19228,33313,94816,76323,08515,72025,02728,74531,92517,94723,2387,3679,79314,29522,3928,5674,3297,94410,65215,0248,62111,45614,81114,8663,2203,2205,4978,30010,7002,3003,9002,2003,7004,5005,3007,1009,60012,8004,9002,9004,3006,800
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
500
1,300
0
1,300
2,156
2,156
1,787
2,831
0
0
0
0
0
0
3,127
0
4,088
4,023
3,917
3,913
2,465
2,461
2,400
2,386
2,386
2,366
2,354
2,342
2,331
2,338
2,333
2,338
2,324
2,339
2,362
3,386
3,353
3,353
3,375
3,407
3,440
3,467
3,432
3,450
3,462
3,472
1,953
3,472
0
0
0
0
350
5,999
0
5,999
5,250
3,750
1,500
3,750
0
0
0
0
0
1,382
1,378
1,382
1,381
1,378
1,376
925
250
250
0
250
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,993
0
0
0
0
0
000002,9930000000000000000000025002502509251,3761,3781,3811,3821,3781,382000003,7501,5003,7505,2505,99905,99935000003,4721,9533,4723,4623,4503,4323,4673,4403,4073,3753,3533,3533,3862,3622,3392,3242,3382,3332,3382,3312,3422,3542,3662,3862,3862,4002,4612,4653,9133,9174,0234,08803,1270000002,8311,7872,1562,1561,30001,300500000000000000
       Net Receivables 
0
300
0
300
100
500
0
500
0
0
0
0
0
900
2,100
2,564
953
953
1,388
192
0
0
0
0
0
346
0
346
0
1,762
250
26
0
1,931
2,809
1,489
5,441
1,134
1,397
53
70
920
148
415
608
460
368
339
6
343
4,900
587
509
3,233
2,212
530
3
528
0
528
131
17
1,068
17
28
31
38
31
0
0
0
0
0
0
3,035
0
0
0
0
0
0
4,658
0
4,658
15,117
9,390
0
9,390
0
104
0
104
60,266
97
118
97
0
5,044
4,747
1,869
1,580
914
584
790
1,780
2,023
6,482
1,699
2,916
1,349
2,346
0
0
0
0002,3461,3492,9161,6996,4822,0231,7807905849141,5801,8694,7475,0440971189760,266104010409,39009,39015,1174,65804,6580000003,03500000031383128171,06817131528052835302,2123,2335095874,900343633936846060841514892070531,3971,1345,4411,4892,8091,9310262501,76203460346000001921,3889539532,5642,10090000000500050010030003000
       Other Current Assets 
100
100
100
100
200
100
300
200
400
200
100
200
100
452
600
452
180
180
153
168
205
228
535
216
350
248
295
3,109
448
336
229
146
429
575
889
955
1,889
1,858
2,016
1,829
1,454
914
879
815
1,008
569
456
707
484
404
555
629
493
364
290
377
393
323
245
539
262
403
815
673
882
852
344
488
332
252
300
415
156
474
1,485
1,972
225
1,810
225
221
254
122
165
242
171
237
225
188
325
327
340
362
488
471
502
570
610
753
948
1,207
1,145
1,119
914
812
1,932
722
921
860
596
1,334
414
255
242
228
2282422554141,3345968609217221,9328129141,1191,1451,2079487536105705024714883623403273251882252371712421651222542212251,8102251,9721,4854741564153002523324883448528826738154032625392453233933772903644936295554044847074565691,0088158799141,4541,8292,0161,8581,8899558895754291462293364483,109295248350216535228205168153180180452600452100200100200400200300100200100100100100
   > Long-term Assets 
100
300
300
300
1,000
1,500
1,700
1,800
1,600
1,600
1,600
1,500
1,800
1,700
1,700
1,887
2,377
2,377
1,966
2,238
2,583
1,698
1,874
2,825
4,064
5,246
4,027
3,914
3,891
3,772
3,764
3,631
3,538
4,171
3,957
7,214
8,347
8,153
8,265
8,040
7,860
7,603
7,635
7,681
7,394
6,810
6,539
6,212
5,860
5,532
5,060
4,742
4,380
4,064
3,713
3,421
3,125
2,830
2,541
2,115
1,910
1,555
1,214
992
644
358
344
365
325
303
274
246
218
190
376
327
278
350
310
272
244
147
139
132
255
250
736
722
503
489
475
496
321
579
521
432
1,463
1,374
1,287
1,487
1,390
1,343
1,626
1,570
1,475
1,465
1,425
1,370
1,618
1,442
1,309
1,138
973
803
8039731,1381,3091,4421,6181,3701,4251,4651,4751,5701,6261,3431,3901,4871,2871,3741,4634325215793214964754895037227362502551321391472442723103502783273761902182462743033253653443586449921,2141,5551,9102,1152,5412,8303,1253,4213,7134,0644,3804,7425,0605,5325,8606,2126,5396,8107,3947,6817,6357,6037,8608,0408,2658,1538,3477,2143,9574,1713,5383,6313,7643,7723,8913,9144,0275,2464,0642,8251,8741,6982,5832,2381,9662,3772,3771,8871,7001,7001,8001,5001,6001,6001,6001,8001,7001,5001,000300300300100
       Property Plant Equipment 
100
100
100
200
900
1,400
1,700
1,700
1,600
1,600
1,500
1,500
1,500
1,400
1,400
1,567
1,573
1,573
1,471
1,928
1,925
1,042
1,072
2,025
2,416
3,590
3,542
3,427
3,399
3,277
3,163
3,030
2,935
2,846
2,712
6,027
6,464
6,362
6,566
6,433
6,348
6,186
6,288
6,350
6,070
6,085
5,809
5,478
5,128
4,796
4,336
4,014
3,651
3,339
2,984
2,689
2,388
2,089
1,795
1,512
1,305
1,050
804
583
319
300
286
307
266
245
216
188
161
133
186
154
123
130
119
108
98
90
83
75
198
193
179
165
164
150
136
157
142
399
342
252
1,406
1,317
1,230
1,430
1,333
1,286
1,570
1,514
1,418
1,408
1,368
1,313
1,561
1,385
1,252
1,081
916
746
7469161,0811,2521,3851,5611,3131,3681,4081,4181,5141,5701,2861,3331,4301,2301,3171,406252342399142157136150164165179193198758390981081191301231541861331611882162452663072863003195838041,0501,3051,5121,7952,0892,3882,6892,9843,3393,6514,0144,3364,7965,1285,4785,8096,0856,0706,3506,2886,1866,3486,4336,5666,3626,4646,0272,7122,8462,9353,0303,1633,2773,3993,4273,5423,5902,4162,0251,0721,0421,9251,9281,4711,5731,5731,5671,4001,4001,5001,5001,5001,6001,6001,7001,7001,400900200100100100
       Intangible Assets 
100
100
200
100
100
100
100
100
100
100
100
100
0
0
0
0
0
0
0
0
0
43
0
43
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000043043000000000100100100100100100100100100200100100
       Long-term Assets Other 
-100
100
0
0
0
0
-100
0
-100
-100
0
-100
300
300
300
321
804
804
496
311
658
613
803
758
1,648
1,656
485
488
491
495
601
601
603
1,325
1,245
1,188
1,883
1,790
1,699
1,607
1,512
1,416
1,347
1,331
1,323
725
729
734
732
736
724
728
729
725
729
732
737
741
746
603
605
505
410
409
325
59
59
58
58
58
58
58
57
57
191
174
155
220
191
164
146
57
57
57
57
57
557
557
339
339
339
339
180
180
180
180
57
57
57
57
57
57
57
57
57
57
57
57
57
57
57
57
57
57
57575757575757575757575757575757575718018018018033933933933955755757575757571461641912201551741915757585858585859593254094105056056037467417377327297257297287247367327347297251,3231,3311,3471,4161,5121,6071,6991,7901,8831,1881,2451,3256036016014954914884851,6561,648758803613658311496804804321300300300-1000-100-1000-1000000100-100
> Total Liabilities 
4,200
2,900
2,600
3,100
4,200
3,600
3,000
3,100
3,100
2,800
2,300
2,400
4,400
2,700
2,500
1,579
1,980
1,980
1,892
1,749
2,329
2,218
2,615
2,640
3,671
3,908
3,377
5,069
4,065
6,345
2,791
4,801
4,992
21,668
21,756
24,091
25,941
24,744
24,010
25,197
21,748
19,872
19,887
27,715
24,250
15,622
14,427
13,642
12,573
11,584
14,145
13,775
9,886
8,902
2,446
2,991
3,071
3,305
2,439
8,526
2,981
1,795
2,330
3,544
3,550
1,707
2,112
2,790
2,096
4,223
3,493
3,388
2,770
7,654
14,916
15,045
17,270
29,450
27,919
29,611
28,638
33,166
30,426
80,142
61,998
44,563
27,356
16,933
12,052
8,460
4,529
4,939
4,186
1,850
1,388
3,368
4,881
24,183
18,943
17,996
17,645
16,764
17,798
15,731
19,803
19,193
15,633
16,016
15,722
16,136
24,516
9,827
10,854
11,101
11,10110,8549,82724,51616,13615,72216,01615,63319,19319,80315,73117,79816,76417,64517,99618,94324,1834,8813,3681,3881,8504,1864,9394,5298,46012,05216,93327,35644,56361,99880,14230,42633,16628,63829,61127,91929,45017,27015,04514,9167,6542,7703,3883,4934,2232,0962,7902,1121,7073,5503,5442,3301,7952,9818,5262,4393,3053,0712,9912,4468,9029,88613,77514,14511,58412,57313,64214,42715,62224,25027,71519,88719,87221,74825,19724,01024,74425,94124,09121,75621,6684,9924,8012,7916,3454,0655,0693,3773,9083,6712,6402,6152,2182,3291,7491,8921,9801,9801,5792,5002,7004,4002,4002,3002,8003,1003,1003,0003,6004,2003,1002,6002,9004,200
   > Total Current Liabilities 
2,400
1,300
1,300
1,500
2,700
2,300
2,100
2,300
2,500
2,300
2,300
2,400
2,400
2,600
2,500
1,579
1,980
1,980
1,892
1,749
2,301
2,218
2,615
2,640
3,671
3,721
3,227
4,954
3,988
6,307
2,756
4,768
4,962
9,859
10,983
11,433
13,047
12,703
12,558
14,612
12,445
11,431
12,335
12,325
9,565
6,255
5,667
5,475
4,999
4,576
7,539
7,831
8,670
7,817
1,490
2,178
2,395
2,769
2,044
1,897
2,806
1,657
2,208
3,437
3,457
1,630
2,050
2,743
2,060
4,196
3,476
3,381
2,770
7,654
5,122
5,191
7,356
10,618
9,959
13,088
13,994
20,471
19,608
71,208
54,962
39,443
23,669
14,195
10,763
8,460
4,529
4,939
4,186
1,850
1,375
3,359
3,928
12,652
7,250
10,037
10,512
9,788
13,864
11,977
16,260
15,861
11,420
11,851
15,132
13,610
11,199
8,533
9,658
9,862
9,8629,6588,53311,19913,61015,13211,85111,42015,86116,26011,97713,8649,78810,51210,0377,25012,6523,9283,3591,3751,8504,1864,9394,5298,46010,76314,19523,66939,44354,96271,20819,60820,47113,99413,0889,95910,6187,3565,1915,1227,6542,7703,3813,4764,1962,0602,7432,0501,6303,4573,4372,2081,6572,8061,8972,0442,7692,3952,1781,4907,8178,6707,8317,5394,5764,9995,4755,6676,2559,56512,32512,33511,43112,44514,61212,55812,70313,04711,43310,9839,8594,9624,7682,7566,3073,9884,9543,2273,7213,6712,6402,6152,2182,3011,7491,8921,9801,9801,5792,5002,6002,4002,4002,3002,3002,5002,3002,1002,3002,7001,5001,3001,3002,400
       Short-term Debt 
0
0
0
0
0
1,000
900
1,000
900
700
400
200
0
0
0
0
0
0
0
0
397
0
513
0
0
140
144
145
188
173
122
81
33
11
11
11
11
12
77
85
87
132
195
214
217
306
307
282
263
237
193
142
88
45
20
19
20
20
21
19
35
30
25
22
22
23
23
24
20
14
8
2
261
25
25
25
26
934
1,936
3,503
5,513
6,427
7,456
7,814
7,839
7,864
7,889
6,921
5,949
4,305
2,321
1,329
333
333
0
0
313
282
265
347
352
354
458
467
472
446
439
406
460
435
927
889
427
338
338427889927435460406439446472467458354352347265282313003333331,3292,3214,3055,9496,9217,8897,8647,8397,8147,4566,4275,5133,5031,936934262525252612814202423232222253035192120201920458814219323726328230730621721419513287857712111111113381122173188145144140005130397000000002004007009001,0009001,00000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,849
0
0
0
5,375
0
7,456
7,814
7,825
7,857
7,889
6,921
5,949
4,805
2,321
1,329
333
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000003331,3292,3214,8055,9496,9217,8897,8577,8257,8147,45605,3750009,8490000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
200
200
200
200
300
200
1,100
1,400
500
900
700
1,400
1,100
1,300
1,300
1,118
1,012
1,012
884
731
1,130
902
1,990
1,542
1,579
2,067
1,538
1,385
1,345
4,607
1,118
2,254
2,020
3,149
3,619
5,025
4,773
3,863
3,117
4,289
3,093
2,556
2,455
3,105
1,121
966
583
979
635
581
344
198
206
411
305
681
156
153
502
386
497
336
581
558
295
322
485
733
339
991
291
432
261
561
1,914
2,326
1,106
3,437
2,376
1,783
714
1,159
4,706
1,243
1,551
2,034
704
794
2,224
1,165
620
475
505
58
135
1,612
716
971
1,174
864
641
763
160
2,403
3,158
3,774
820
2,786
4,304
2,270
1,593
3,443
4,102
3,949
3,9494,1023,4431,5932,2704,3042,7868203,7743,1582,4031607636418641,1749717161,612135585054756201,1652,2247947042,0341,5511,2434,7061,1597141,7832,3763,4371,1062,3261,9145612614322919913397334853222955585813364973865021531566813054112061983445816359795839661,1213,1052,4552,5563,0934,2893,1173,8634,7735,0253,6193,1492,0202,2541,1184,6071,3451,3851,5382,0671,5791,5421,9909021,1307318841,0121,0121,1181,3001,3001,1001,4007009005001,4001,100200300200200200200
       Other Current Liabilities 
2,200
1,100
1,100
1,300
2,400
1,100
100
-100
1,100
700
1,200
800
1,300
1,300
1,200
461
968
968
1,008
1,018
607
1,163
1
1,028
1,298
598
862
2,933
2,048
1,202
1,233
2,180
2,667
2,368
3,013
2,057
4,471
4,133
5,053
6,114
5,270
5,334
6,184
4,046
3,362
3,067
2,861
2,297
2,434
2,091
1,368
1,990
1,381
1,049
1,165
-4,834
2,219
2,268
1,389
1,421
2,228
1,272
1,595
2,838
3,103
1,285
1,542
1,986
1,702
2,191
2,177
1,947
1,509
2,135
3,183
-2,093
6,223
6,248
5,647
7,802
7,768
-40,949
7,447
8,317
10,521
9,384
5,528
5,895
487
969
486
495
500
1,793
1,240
1,747
2,899
7,575
1,010
3,628
3,722
3,680
7,068
9,107
12,630
11,641
10,160
8,659
3,857
10,905
8,679
4,201
5,129
5,575
5,5755,1294,2018,67910,9053,8578,65910,16011,64112,6309,1077,0683,6803,7223,6281,0107,5752,8991,7471,2401,7935004954869694875,8955,5289,38410,5218,3177,447-40,9497,7687,8025,6476,2486,223-2,0933,1832,1351,5091,9472,1772,1911,7021,9861,5421,2853,1032,8381,5951,2722,2281,4211,3892,2682,219-4,8341,1651,0491,3811,9901,3682,0912,4342,2972,8613,0673,3624,0466,1845,3345,2706,1145,0534,1334,4712,0573,0132,3682,6672,1801,2331,2022,0482,9338625981,2981,02811,1636071,0181,0089689684611,2001,3001,3008001,2007001,100-1001001,1002,4001,3001,1001,1002,200
   > Long-term Liabilities 
1,800
1,600
1,300
1,600
1,500
1,300
900
800
600
500
1,100
1,600
2,000
100
1,300
1,118
0
1,012
884
731
28
1,055
2,101
1,612
2,373
186
150
114
76
38
35
33
30
11,809
10,773
12,658
12,894
12,041
11,452
10,585
9,302
8,441
7,552
15,389
14,685
9,367
8,759
8,167
7,574
7,008
6,606
5,944
1,216
1,086
956
813
676
535
395
6,629
175
137
123
108
93
77
62
47
35
26
17
8
1,261
5,494
9,794
9,854
9,914
18,832
17,959
16,523
14,643
12,695
10,818
8,935
7,036
5,120
3,687
2,738
1,289
5,470
2,941
1,804
838
58
13
9
953
11,531
11,693
7,959
7,133
6,976
3,934
3,755
3,543
3,332
4,213
4,165
590
2,527
13,317
1,295
1,196
1,239
1,2391,1961,29513,3172,5275904,1654,2133,3323,5433,7553,9346,9767,1337,95911,69311,531953913588381,8042,9415,4701,2892,7383,6875,1207,0368,93510,81812,69514,64316,52317,95918,8329,9149,8549,7945,4941,2618172635476277931081231371756,6293955356768139561,0861,2165,9446,6067,0087,5748,1678,7599,36714,68515,3897,5528,4419,30210,58511,45212,04112,89412,65810,77311,80930333538761141501862,3731,6122,1011,055287318841,01201,1181,3001002,0001,6001,1005006008009001,3001,5001,6001,3001,6001,800
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37
31
26
20
14
8
2
0
0
0
0
0
0
9,789
9,806
9,823
18,654
17,694
16,171
14,204
12,170
10,210
8,250
6,282
4,305
2,321
1,329
333
0
0
0
0
0
0
0
0
0
0
0
0
0
205
178
152
126
100
73
46
0
0
0
0
0
00000467310012615217820500000000000003331,3292,3214,3056,2828,25010,21012,17014,20416,17117,69418,6549,8239,8069,7890000002814202631370000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27
0
0
0
0
0
0
0
0
0
0
0
0
11,782
10,749
12,637
12,875
12,025
11,178
10,332
9,072
8,169
7,266
15,054
14,409
9,071
8,522
7,987
7,452
6,927
6,553
5,905
1,183
1,056
932
794
662
527
391
6,629
133
101
91
82
72
63
54
45
36
26
17
7
0
0
4
48
91
178
265
352
439
525
607
685
754
814
1,366
1,409
956
0
0
0
0
0
0
0
0
10,619
10,837
6,973
6,233
6,168
3,014
2,955
2,861
2,740
3,733
3,771
2,083
0
0
0
0
0
000002,0833,7713,7332,7402,8612,9553,0146,1686,2336,97310,83710,619000000009561,4091,366814754685607525439352265178914840071726364554637282911011336,6293915276627949321,0561,1835,9056,5536,9277,4527,9878,5229,07114,40915,0547,2668,1699,07210,33211,17812,02512,87512,63710,74911,7820000000000002700000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
101
91
82
73
63
54
45
35
26
17
8
0
0
0
0
0
0
0
0
0
0
0
0
0
0
500
500
500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000005005005000000000000000081726354554637382911010000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
2,800
1,700
700
2,300
9,800
8,100
6,100
4,200
3,400
2,700
1,600
3,200
300
11,900
10,200
8,821
6,905
6,905
18,268
15,660
11,916
8,329
14,819
11,053
8,687
6,261
12,639
24,996
18,657
13,341
12,735
26,154
19,387
19,846
17,727
13,836
9,225
13,531
6,785
1,016
18,300
10,095
4,782
24,111
18,532
18,861
15,704
11,226
6,552
2,784
2,699
3,159
3,313
6,414
11,124
11,563
9,318
5,084
4,031
16,161
18,192
15,048
12,665
6,908
1,831
32,996
31,465
27,599
22,978
18,668
15,263
13,990
9,789
10,798
32,675
23,984
12,204
20,234
7,475
-4,697
-17,586
-21,765
-15,958
-18,859
-5,165
5,976
9,626
10,226
26,965
25,173
21,140
16,067
100,549
96,122
91,367
86,687
80,173
76,975
67,835
62,876
49,651
42,969
35,196
28,085
16,268
8,449
16,344
9,593
134
-4,849
-11,384
1,579
-111
-7,686
-7,686-1111,579-11,384-4,8491349,59316,3448,44916,26828,08535,19642,96949,65162,87667,83576,97580,17386,68791,36796,122100,54916,06721,14025,17326,96510,2269,6265,976-5,165-18,859-15,958-21,765-17,586-4,6977,47520,23412,20423,98432,67510,7989,78913,99015,26318,66822,97827,59931,46532,9961,8316,90812,66515,04818,19216,1614,0315,0849,31811,56311,1246,4143,3133,1592,6992,7846,55211,22615,70418,86118,53224,1114,78210,09518,3001,0166,78513,5319,22513,83617,72719,84619,38726,15412,73513,34118,65724,99612,6396,2618,68711,05314,8198,32911,91615,66018,2686,9056,9058,82110,20011,9003003,2001,6002,7003,4004,2006,1008,1009,8002,3007001,7002,800
   Common Stock
100
200
300
300
0
0
0
0
0
0
0
0
100
100
100
78
79
79
109
111
112
112
161
162
174
190
283
418
430
433
454
527
528
540
540
540
542
588
591
599
709
709
712
849
851
852
852
852
855
855
867
867
867
962
962
1,066
117
118
119
349
349
349
349
349
349
389
389
389
391
392
392
392
394
395
415
422
571
680
680
680
686
928
1,334
1,449
1,605
1,844
1,954
1,955
2,006
2,030
2,031
2,031
2,268
2,277
2,292
2,292
2,293
2,299
2,300
2,300
2,300
2,313
2,317
2,318
93
93
104
112
117
119
143
161
179
0
017916114311911711210493932,3182,3172,3132,3002,3002,3002,2992,2932,2922,2922,2772,2682,0312,0312,0302,0061,9551,9541,8441,6051,4491,3349286866806806805714224153953943923923923913893893893493493493493493491191181171,06696296286786786785585585285285285184971270970959959158854254054054052852745443343041828319017416216111211211110979797810010010000000000300300200100
   Retained Earnings -449,590-441,767-433,516-425,080-421,384-415,536-404,821-397,673-396,249-387,994-375,226-367,594-358,908-351,795-337,861-332,131-322,140-318,199-310,900-305,517-300,274-295,773-347,997-342,270-337,228-332,046-343,854-343,115-346,145-356,744-370,059-366,494-356,465-343,412-330,055-317,359-304,109-291,699-279,613-270,462-273,239-274,034-269,714-268,201-264,595-260,105-255,387-251,372-249,696-239,243-233,990-227,969-225,345-221,990-218,681-214,875-213,774-209,174-204,938-202,917-207,419-207,382-207,181-207,279-206,862-202,579-197,337-192,226-188,442-188,195-182,091-175,369-168,880-160,444-152,566-144,964-137,520-131,485-126,393-122,453-120,166-117,127-110,146-102,119-97,528-90,809-84,346-78,695-74,343-70,244-65,214-61,442-57,707-54,105-50,201-47,553-43,506-43,506-41,340-39,500-36,700-35,300-31,400-28,500-26,300-23,300-20,000-17,600-15,400-13,400-11,700-10,400-9,300-8,100
   Accumulated Other Comprehensive Income 
-200
-200
-200
-200
-200
-400
-300
-300
-500
-600
-600
-500
-700
-855
-800
-700
-915
-915
-1,051
-981
-80
-65
-50
-41
-43
-36
-17
-26
-50
-131
-245
-261
-163
-111
-100
-114
-3,956
-20
-32
-44
-55
-47
-52
-47
-6,620
16
38
62
29
29
51
84
116
143
108
126
139
149
69
149
-11,492
-11,492
0
0
-8,245
-8,245
0
0
-1,976
-1,976
0
0
-2,088
-2,088
0
0
-2,206
-3
-9
-3
-2
-3
-2
-1
-1
0
0
0
-2,339
-2,339
0
0
-2,389
-2,407
-2,425
-2,407
-2,453
-2,453
0
0
0
0
0
0
0
0
0
0
0
-40
-143
-161
0
0
00-161-143-4000000000000-2,453-2,453-2,407-2,425-2,407-2,38900-2,339-2,339000-1-1-2-3-2-3-9-3-2,20600-2,088-2,08800-1,976-1,97600-8,245-8,24500-11,492-11,4921496914913912610814311684512929623816-6,620-47-52-47-55-44-32-20-3,956-114-100-111-163-261-245-131-50-26-17-36-43-41-50-65-80-981-1,051-915-915-700-800-855-700-500-600-600-500-300-300-400-200-200-200-200-200
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
240,043
240,285
240,549
240,725
282,303
282,448
282,597
282,693
282,870
283,072
283,311
283,428
283,642
302,722
303,175
303,332
323,663
324,163
324,681
325,143
333,774
349,204
349,753
349,975
350,277
350,787
352,126
357,005
360,370
361,379
362,034
394,054
394,119
394,593
395,294
396,079
396,817
397,666
398,437
399,146
399,564
400,474
400,994
404,169
404,606
413,913
414,302
415,553
0
0
0
0
0
00000415,553414,302413,913404,606404,169400,994400,474399,564399,146398,437397,666396,817396,079395,294394,593394,119394,054362,034361,379360,370357,005352,126350,787350,277349,975349,753349,204333,774325,143324,681324,163323,663303,332303,175302,722283,642283,428283,311283,072282,870282,693282,597282,448282,303240,725240,549240,285240,0430000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
11,000
11,000
11,000
13,900
23,400
23,900
24,000
24,500
27,200
29,600
30,700
35,100
36,200
49,348
50,400
50,776
0
51,239
66,756
66,724
65,982
65,982
76,142
76,139
78,792
80,443
91,060
108,944
109,085
110,567
114,645
136,035
136,148
139,583
139,740
139,802
144,123
150,483
151,190
153,027
178,089
178,314
179,492
205,400
212,495
206,435
207,039
207,649
208,247
208,762
209,060
209,390
209,712
212,728
212,971
215,309
218,237
218,591
218,719
234,344
251,325
240,043
240,285
240,549
248,970
282,303
282,448
282,597
284,669
282,870
283,072
283,311
285,517
283,642
302,722
303,175
305,538
323,666
324,163
324,681
325,143
333,774
349,204
349,753
349,975
350,277
350,787
352,126
359,344
360,370
361,379
362,034
396,443
396,526
397,018
397,701
398,532
396,817
397,666
398,437
399,146
399,564
400,474
400,994
404,169
404,606
413,913
414,302
415,553
416,495
413,553
434,934
441,476
441,905
441,905441,476434,934413,553416,495415,553414,302413,913404,606404,169400,994400,474399,564399,146398,437397,666396,817398,532397,701397,018396,526396,443362,034361,379360,370359,344352,126350,787350,277349,975349,753349,204333,774325,143324,681324,163323,666305,538303,175302,722283,642285,517283,311283,072282,870284,669282,597282,448282,303248,970240,549240,285240,043251,325234,344218,719218,591218,237215,309212,971212,728209,712209,390209,060208,762208,247207,649207,039206,435212,495205,400179,492178,314178,089153,027151,190150,483144,123139,802139,740139,583136,148136,035114,645110,567109,085108,94491,06080,44378,79276,13976,14265,98265,98266,72466,75651,239050,77650,40049,34836,20035,10030,70029,60027,20024,50024,00023,90023,40013,90011,00011,00011,000



5.3. Balance Sheets

Currency in USD. All numbers in thousands.




5.4. Cash Flows

Currency in USD. All numbers in thousands.




5.5. Income Statements

Currency in USD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue4,490
Cost of Revenue-98
Gross Profit4,3924,392
 
Operating Income (+$)
Gross Profit4,392
Operating Expense-34,670
Operating Income-22,496-30,278
 
Operating Expense (+$)
Research Development22,400
Selling General Administrative12,270
Selling And Marketing Expenses0
Operating Expense34,67034,670
 
Net Interest Income (+$)
Interest Income0
Interest Expense-17
Other Finance Cost-0
Net Interest Income-17
 
Pretax Income (+$)
Operating Income-22,496
Net Interest Income-17
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-29,736-15,256
EBIT - interestExpense = -29,387
-37,518
-29,719
Interest Expense17
Earnings Before Interest and Taxes (EBIT)-29,370-29,719
Earnings Before Interest and Taxes (EBITDA)-29,031
 
After tax Income (+$)
Income Before Tax-29,736
Tax Provision-0
Net Income From Continuing Ops-29,736-29,736
Net Income-29,736
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses34,768
Total Other Income/Expenses Net-7,24017
 

Technical Analysis of Palatin
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Palatin. The general trend of Palatin is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Palatin's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Palatin Technologies Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 1.61 < 1.7 < 1.72.

The bearish price targets are: 1.4 > 1.4 > 1.4.

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Palatin Technologies Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Palatin Technologies Inc. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Palatin Technologies Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Palatin Technologies Inc. The current macd is 0.07283895.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Palatin price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Palatin. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Palatin price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Palatin Technologies Inc Daily Moving Average Convergence/Divergence (MACD) ChartPalatin Technologies Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Palatin Technologies Inc. The current adx is 29.08.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Palatin shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Palatin Technologies Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Palatin Technologies Inc. The current sar is 0.83990946.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Palatin Technologies Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Palatin Technologies Inc. The current rsi is 66.82. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
Palatin Technologies Inc Daily Relative Strength Index (RSI) ChartPalatin Technologies Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Palatin Technologies Inc. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Palatin price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Palatin Technologies Inc Daily Stochastic Oscillator ChartPalatin Technologies Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Palatin Technologies Inc. The current cci is 170.40.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Palatin Technologies Inc Daily Commodity Channel Index (CCI) ChartPalatin Technologies Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Palatin Technologies Inc. The current cmo is 44.11.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Palatin Technologies Inc Daily Chande Momentum Oscillator (CMO) ChartPalatin Technologies Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Palatin Technologies Inc. The current willr is -18.57142857.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Palatin Technologies Inc Daily Williams %R ChartPalatin Technologies Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Palatin Technologies Inc.

Palatin Technologies Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Palatin Technologies Inc. The current atr is 0.13698775.

Palatin Technologies Inc Daily Average True Range (ATR) ChartPalatin Technologies Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Palatin Technologies Inc. The current obv is 5,167,706.

Palatin Technologies Inc Daily On-Balance Volume (OBV) ChartPalatin Technologies Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Palatin Technologies Inc. The current mfi is 75.17.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Palatin Technologies Inc Daily Money Flow Index (MFI) ChartPalatin Technologies Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Palatin Technologies Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-08-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-16STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-08-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-08-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-08-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-08-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-09-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-09-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-19BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-09-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-09-23BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-09-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-01MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-10-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-09RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-10-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-10-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-10-31MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-11-01MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-11-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-12-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-12-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-12-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-12-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-12-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-12-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-12-31STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside

6.3. Candlestick Patterns

Palatin Technologies Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Palatin Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.822
Ma 20Greater thanMa 501.003
Ma 50Greater thanMa 1001.062
Ma 100Greater thanMa 2001.141
OpenGreater thanClose1.430
Total2/5 (40.0%)
Penke
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