Palatin Technologies Inc. (PTN)
Palatin Statistics
Share Statistics
Palatin has 28.15M shares outstanding. The number of shares has increased by 61.16% in one year.
| Shares Outstanding | 28.15M |
| Shares Change (YoY) | 61.16% |
| Shares Change (QoQ) | 33.03% |
| Owned by Institutions (%) | 0% |
| Shares Floating | 27.33M |
| Failed to Deliver (FTD) Shares | 74 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 1.49M, so 5.29% of the outstanding shares have been sold short.
| Short Interest | 1.49M |
| Short % of Shares Out | 5.29% |
| Short % of Float | 5.44% |
| Short Ratio (days to cover) | 2.87 |
Valuation Ratios
The PE ratio is -0.92 and the forward PE ratio is 0.11. Palatin's PEG ratio is 0.05.
| PE Ratio | -0.92 |
| Forward PE | 0.11 |
| PS Ratio | 6.09 |
| Forward PS | 0.1 |
| PB Ratio | -245.18 |
| P/FCF Ratio | -0.87 |
| PEG Ratio | 0.05 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Palatin.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.01, with a Debt / Equity ratio of -5.29.
| Current Ratio | 1.01 |
| Quick Ratio | 1.01 |
| Debt / Equity | -5.29 |
| Debt / EBITDA | -0.02 |
| Debt / FCF | -0.02 |
| Interest Coverage | -1314.49 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $149.67K |
| Profits Per Employee | $-991.2K |
| Employee Count | 30 |
| Asset Turnover | 0.42 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by -89.3% in the last 52 weeks. The beta is 0.9, so Palatin's price volatility has been higher than the market average.
| Beta | 0.9 |
| 52-Week Price Change | -89.3% |
| 50-Day Moving Average | 0.77 |
| 200-Day Moving Average | 1.13 |
| Relative Strength Index (RSI) | 17.69 |
| Average Volume (20 Days) | 1.94M |
Income Statement
In the last 12 months, Palatin had revenue of 4.49M and earned -29.74M in profits. Earnings per share was -2.02.
| Revenue | 4.49M |
| Gross Profit | 4.39M |
| Operating Income | -22.5M |
| Net Income | -29.74M |
| EBITDA | -29.03M |
| EBIT | -29.72M |
| Earnings Per Share (EPS) | -2.02 |
Balance Sheet
The company has 9.53M in cash and 590.34K in debt, giving a net cash position of 8.94M.
| Cash & Cash Equivalents | 9.53M |
| Total Debt | 590.34K |
| Net Cash | 8.94M |
| Retained Earnings | -441.77M |
| Total Assets | 4.31M |
| Working Capital | -5.89M |
Cash Flow
In the last 12 months, operating cash flow was -31.46M and capital expenditures -42.53K, giving a free cash flow of -31.5M.
| Operating Cash Flow | -31.46M |
| Capital Expenditures | -42.53K |
| Free Cash Flow | -31.5M |
| FCF Per Share | -2.14 |
Margins
Gross margin is 97.83%, with operating and profit margins of -501.02% and -662.26%.
| Gross Margin | 97.83% |
| Operating Margin | -501.02% |
| Pretax Margin | -662.26% |
| Profit Margin | -662.26% |
| EBITDA Margin | -646.56% |
| EBIT Margin | -501.02% |
| FCF Margin | -701.63% |
Dividends & Yields
PTN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for PTN is $7, which is 3400% higher than the current price. The consensus rating is "Buy".
| Price Target | $7 |
| Price Target Difference | 3400% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Aug 31, 2022. It was a backward split with a ratio of 1:25.
| Last Split Date | Aug 31, 2022 |
| Split Type | backward |
| Split Ratio | 1:25 |
Scores
| Altman Z-Score | -168.75 |
| Piotroski F-Score | 1 |