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Palatin Reports First Quarter Fiscal Year 2026 Financial Results and Provides Corporate Update
PRNewswire (Thu, 13-Nov 7:30 AM ET)
PRNewswire (Wed, 12-Nov 12:15 PM ET)
Palatin Technologies Inc is a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system. The product candidates are targeted, receptor-specific therapeutics for the treatment of diseases with unmet medical needs and commercial potential. The Company's business is in one operating segment: life science.
Palatin Techs trades on the AMEX stock market under the symbol PTN.
As of December 4, 2025, PTN stock price climbed to $21.99 with 91,301 million shares trading.
PTN has a market cap of $37.44 million. This is considered a Sub-Micro Cap stock.
PTN support price is $14.44 and resistance is $19.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PTN shares will trade within this expected range on the day.