Palantir Technologies Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $29.83 on 07/18/24, while the lowest price for the same period was registered at $13.68 on 09/21/23.
52-week price history of PLTR 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. Palantir Technologies Inc’s current trading price is -10.04% away from its 52-week high, while its distance from the 52-week low is 96.16%. The stock’s price range during the 52-week period has remained between $13.68 and $29.83. In the Technology sector, the company’s shares saw a trading volume of around 11.93 million for the day, which was evidently lower than the average daily volume of 45.45 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Palantir Technologies Inc (PLTR) has experienced a quarterly rise of 23.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.76B and boasts a workforce of 3735 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 23.86, with a change in price of +2.95. Similarly, Palantir Technologies Inc recorded 46,302,590 in trading volume during the last 100 days, posting a change of +12.29%.
Examining PLTR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PLTR stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.04.
PLTR Stock Stochastic Average
Palantir Technologies Inc’s raw stochastic average for the past 50 days is presently 69.18%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 40.94%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 43.31% and 56.42%, 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. The metric has seen a significant gain of 56.29% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 63.03%. Over the past 30 days, the price of PLTR has fallen by 11.35%. And in the last five days, it has fallen by -6.11%.