PTN
Price:
$22.8038
Market Cap:
$593.03M
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 has completed Phase I 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; and me...[Read more]
Industry
Biotechnology
IPO Date
1997-10-15
Stock Exchange
AMEX
Ticker
PTN
According to Palatin Technologies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.02. This represents a change of 95.05% compared to the average of 0.52 of the last 4 quarters.
The mean historical Current Ratio of Palatin Technologies, Inc. over the last ten years is 6.25. The current 1.02 Current Ratio has changed 1.53% with respect to the historical average. Over the past ten years (40 quarters), PTN's Current Ratio was at its highest in in the December 2019 quarter at 67.08. The Current Ratio was at its lowest in in the September 2024 quarter at 0.26.
Average
6.25
Median
1.60
Minimum
0.36
Maximum
24.94
Discovering the peaks and valleys of Palatin Technologies, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 597.08%
Maximum Annual Current Ratio = 24.94
Minimum Annual Increase = -80.54%
Minimum Annual Current Ratio = 0.36
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.36 | -63.97% |
| 2024 | 1.01 | -6.21% |
| 2023 | 1.08 | -49.31% |
| 2022 | 2.13 | -66.06% |
| 2021 | 6.27 | -70.54% |
| 2020 | 21.28 | -14.68% |
| 2019 | 24.94 | 597.08% |
| 2018 | 3.58 | 247.62% |
| 2017 | 1.03 | 33.30% |
| 2016 | 0.77 | -80.54% |
The current Current Ratio of Palatin Technologies, Inc. (PTN) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.82
5-year avg
2.17
10-year avg
6.25
Palatin Technologies, Inc.’s Current Ratio is greater than Biophytis S.A. (0.25), greater than Eiger BioPharmaceuticals, Inc. (0.71), less than Notable Labs, Ltd. (5.65), greater than Novan, Inc. (0.91), less than Aravive, Inc. (2.73), greater than Fresh2 Group Limited (0.32), less than Affimed N.V. (1.93), less than Q32 Bio Inc. (4.57), less than Midatech Pharma plc (3.63), greater than VBI Vaccines Inc. (0.48),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.25 | $2.61M | |
| 0.71 | $12.59M | |
| 5.65 | $2.39M | |
| 0.91 | $2.64M | |
| 2.73 | $2.95M | |
| 0.32 | $2.08M | |
| 1.93 | $2.98M | |
| 4.57 | $44.41M | |
| 3.63 | $1.98M | |
| 0.48 | $1.87M |
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