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Planet Fitness Inc’s Shares Reel: -20.24% Quarterly Revenue Decline Amid 4.76B Market Cap

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The market performance of Planet Fitness Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $84.48 on 05/01/23, while the lowest value for the same duration was $44.13 on 09/26/23.

52-week price history of PLNT Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Planet Fitness Inc’s current trading price is -34.00% away from its 52-week high, while its distance from the 52-week low is 26.36%. The stock’s price range during the 52-week period has remained between $44.13 and $84.48. In the Consumer Cyclical sector, the company’s shares saw a trading volume of around 2.25 million for the day, which was evidently higher than the average daily volume of 1.36 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Planet Fitness Inc (PLNT) has experienced a quarterly decline of -20.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.76B and boasts a workforce of 3411 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 66.67, with a change in price of -0.11. Similarly, Planet Fitness Inc recorded 1,401,330 in trading volume during the last 100 days, posting a change of -0.20%.

PLNT Stock Stochastic Average

Planet Fitness Inc’s raw stochastic average for the past 50 days is presently 0.48%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 0.78%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 2.41% and 6.04%, respectively.

PLNT Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -23.62%. However, over the past six months, we’ve seen a weaker performance of 14.97%. The price of PLNT leaped by -16.11% over the last 30 days. And in the last five days, it has fallen by -12.38%.