Palantir Technologies Inc. (PLTR) is priced at $28.00 after the most recent trading session. At the very opening of the session, the stock price was $29.96 and reached a high price of $30.19, prior to closing the session it reached the value of $29.00. The stock touched a low price of $27.536.
Recently in News on February 18, 2021, Palantir and Akin Gump Collaborate on Legal Digital Service Platform. Palantir Technologies Inc. (NYSE:PLTR) and Akin Gump Strauss Hauer & Feld LLP announced today they have collaborated to introduce Akin Gump’s RegSpot, a new legal digital services platform powered by Palantir’s Foundry software that will allow Akin Gump’s clients to access innovative solutions to meet their legal needs. You can read further details here
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Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Palantir Technologies Inc. shares are logging -37.78% during the 52-week period from high price, and 214.61% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $8.90 and $45.00.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 181114579 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Palantir Technologies Inc. (PLTR) recorded performance in the market was 18.90%, having the revenues showcasing 56.42% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 42.34B, as it employees total of 2464 workers.
Specialists analysis on Palantir Technologies Inc. (PLTR)
During the last month, 1 analysts gave the Palantir Technologies Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 4 of the polled analysts provided SELL rating.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PLTR is recording 0.16 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.16.
Trends and Technical analysis: Palantir Technologies Inc. (PLTR)
Raw Stochastic average of Palantir Technologies Inc. in the period of last 50 days is set at 24.44%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 17.07%. In the last 20 days, the company’s Stochastic %K was 14.10% and its Stochastic %D was recorded 11.30%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 18.90%. The shares increased approximately by -12.25% in the 7-day charts and went down by 7.78% in the period of the last 30 days. Common stock shares were driven by 56.42% during last recorded quarter.