Palantir Technologies Inc (PLTR) Stock: Navigating a Year of Stock Volatility

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Palantir Technologies Inc’s current trading price is -0.24% away from its 52-week high, while its distance from the 52-week low is 248.40%. The stock’s price range during this period has varied between $7.19 and $25.11. The company, active in the Technology sector, saw a trading volume of around 107.74 million for the day, considerably higher average daily volume of 1.56 observed over the last three months.

Palantir Technologies Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $25.11 on 02/12/24, and the lowest price during that time was $7.19, recorded on 03/13/23.

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How Financial Performance Impacts Market Capitalization

Palantir Technologies Inc (PLTR) has experienced a quarterly rise of 37.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.51B.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.58, with a change in price of +9.90. Similarly, Palantir Technologies Inc recorded 66,021,305 in trading volume during the last 100 days, posting a change of +65.35%.

How PLTR’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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 0.05.

PLTR Stock Stochastic Average

As of today, the raw stochastic average of Palantir Technologies Inc over the past 50 days is 95.18%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 95.00%. Additionally, the Stochastic %K and %D values for the company were 93.62% and 94.30%, respectively, over the past 20 days.

PLTR Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 45.89%. However, over the past six months, we’ve seen a weaker performance of 62.56%. The price of PLTR fallen by 50.18% over the last 30 days. And in the last five days, it has surged by 49.82%.

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