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. Planet Fitness Inc’s current trading price is -13.15% away from its 52-week high, while its distance from the 52-week low is 49.30%. The stock’s price range during this period has varied between $44.13 and $75.86. The company, active in the Consumer Cyclical sector, saw a trading volume of around 2.38 million for the day, considerably higher average daily volume of 1.83 million observed over the last three months.
Planet Fitness Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $75.86 on 01/08/24, with the lowest value being $44.13 on 09/26/23.
How Financial Performance Impacts Market Capitalization
Planet Fitness Inc (PLNT) has experienced a quarterly decline of -6.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.74B and boasts a workforce of 3411 employees.
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 65.84, with a change in price of -3.56. Similarly, Planet Fitness Inc recorded 1,600,925 in trading volume during the last 100 days, posting a change of -5.06%.
PLNT Stock Stochastic Average
As of today, the raw stochastic average of Planet Fitness Inc over the past 50 days is 92.10%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 98.00%. Additionally, the Stochastic %K and %D values for the company were 75.79% and 57.75%, respectively, over the past 20 days.
PLNT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -9.75% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 5.30%. Over the past 30 days, the price of PLNT has fallen by 3.56%. And in the last five days, it has surged by 9.64%.
