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PLNT’s Stock Market Adventure: -17.97% YTD Growth Amidst Volatility

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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. The index has shown a price loss of -17.97% this year. Over the last six months, there has been a weaker performance of 8.71%. The price of PLNT fallen by 1.41% during the last 30 days period. For the last 5-days stocks have improved 2.10%.

Planet Fitness Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $84.48 on 05/01/23, while the lowest price during the same period was $44.13 on 09/26/23.

52-week price history of PLNT Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Planet Fitness Inc’s current trading price is -29.12% away from its 52-week high, while its distance from the 52-week low is 35.69%. The stock’s price range over this timeframe has been between $44.13 and $84.48. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 1.8 million for the day, which was comparatively higher than the average daily volume of 1.73 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Planet Fitness Inc (PLNT) has experienced a quarterly decline of -14.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.22B and boasts a workforce of 3411 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 66.65, with a change in price of -8.06. Similarly, Planet Fitness Inc recorded 1,546,671 in trading volume during the last 100 days, posting a change of -11.86%.

PLNT Stock Stochastic Average

Planet Fitness Inc’s raw stochastic average for the past 50 days is currently at 40.54%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 28.68%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 36.24% and 32.42%, respectively.

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