Palantir Technologies Inc (PLTR) current stock price is $19.41. During the last trading session, the stock soared, reaching $20.37 after opening at $19.90. The stock’s lowest point was $19.611 before it closed at $19.95.
Palantir Technologies Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $20.37 on 11/15/23, while the lowest price during the same period was $5.84 on 01/24/23.
52-week price history of PLTR Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Palantir Technologies Inc’s current trading price is -4.74% away from its 52-week high, while its distance from the 52-week low is 232.28%. The stock’s price range during this period has fluctuated between $5.84 and $20.37. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 21.33 million for the day, which was evidently lower than the average daily volume of 58.39 million over the last three months.
Financial Performance and Market Capitalization
Palantir Technologies Inc (PLTR) has experienced a quarterly rise of 34.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 42.23B and boasts a workforce of 3838 employees.
Analysts’ Ratings For Palantir Technologies Inc
As of right now, 3 analysts are rating Palantir Technologies Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 2 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 16.35, with a change in price of +4.74. Similarly, Palantir Technologies Inc recorded 61,433,508 in trading volume during the last 100 days, posting a change of +32.48%.
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 0.07. Similarly, the long-term debt-to-equity ratio is also 0.06.
PLTR Stock Stochastic Average
The raw stochastic average for Palantir Technologies Inc over the last 50 days is presently at 84.83%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 82.77%. Further, the company’s Stochastic %K and %D values for the last 20 days were 90.93% and 94.75%, respectively.
PLTR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 202.26%. However, over the last six months, the performance has been weaker by 65.29%. The price of PLTR increased 12.82% over the last 30 days. And in the last five days, it has surged by 6.21%.