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PLTR’s Stock Journey: What Investors Need to Know About Palantir Technologies Inc.’s Performance

The current stock price for Palantir Technologies Inc. (PLTR) is $15.34. The stock experienced a significant increase during the last trading session, reaching $16.04 after opening at $15.69. It dipped to a low of $15.47 before ultimately closing at $15.83.

Palantir Technologies Inc.’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $20.24 on 08/01/23, and the lowest price during that time was $5.84, recorded on 01/24/23.

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52-week price history of PLTR Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Palantir Technologies Inc.’s current trading price is -24.21% away from its 52-week high, while its distance from the 52-week low is 162.67%. The stock’s price range for this period has remained between $5.84 and $20.24. The Technology sector company’s shares managed to surpass a trading volume of around 20.02 million for the day, which was noticeably lower compared to the shares’ average daily volume of 65.01 million over the last three months.

Financial Performance and Market Capitalization

Palantir Technologies Inc. (PLTR) has experienced a quarterly decline of -7.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 33.17B and boasts a workforce of 3734 employees.

Analysts’ Ratings For Palantir Technologies Inc.

As of right now, 2 analysts are rating Palantir Technologies Inc. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts are recommending to HOLD this stock, 3 of them gave the stock UNDERWEIGHT rating, and 6 analysts are rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 14.34, with a change in price of +7.25. Similarly, Palantir Technologies Inc. recorded 73,961,742 in trading volume during the last 100 days, posting a change of +89.49%.

PLTR Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PLTR stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

PLTR Stock Stochastic Average

As of today, the raw stochastic average of Palantir Technologies Inc. over the last 50 days is at 25.43%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 62.49%. Further, the company’s Stochastic %K and %D values for the last 20 days were 71.64% and 73.49%, respectively.

PLTR Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant gain of 138.94% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 92.23%. Over the past 30 days, the price of PLTR has leaped by -0.71%. And in the last five days, it has surged by 1.39%.

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