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 -2.59% away from its 52-week high, while its distance from the 52-week low is 156.91%. The stock’s price range during this period has varied between $14.48 and $38.19. The company, active in the Technology sector, saw a trading volume of around 41.72 million for the day, considerably lower average daily volume of 58.43 million observed over the last three months.
Palantir Technologies Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $38.19 on 09/23/24, while the lowest price during the same period was $14.48 on 11/01/23.
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How Financial Performance Impacts Market Capitalization
Palantir Technologies Inc (PLTR) has experienced a quarterly rise of 43.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 83.31B and boasts a workforce of 3735 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 27.81, with a change in price of +15.80. Similarly, Palantir Technologies Inc recorded 51,860,715 in trading volume during the last 100 days, posting a change of +73.83%.
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 0.06. 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 last 50 days is at 94.16%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 88.85%. Further, the company’s Stochastic %K and %D values for the last 20 days were 87.12% and 87.00%, respectively.
PLTR Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 116.66%. However, over the past six months, we’ve seen a weaker performance of 62.73%. The price of PLTR fallen by 20.00% over the last 30 days. And in the last five days, it has fallen by -1.98%.
