The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 448.76%. However, over the past six months, we’ve seen a weaker performance of 81.25%. The price of PLTR fallen by 9.32% over the last 30 days. And in the last five days, it has surged by 1.56%.
The stock market performance of Palantir Technologies Inc has been very steady.
52-week price history of PLTR Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Palantir Technologies Inc’s current trading price is -5.22% away from its 52-week high, while its distance from the 52-week low is 546.73%. The stock’s price range for this period has been between $21.23 and $144.86. The Technology sector company’s shares saw a trading volume of about 87.07 million for the day, which was lower than the average daily volume of 99.77 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Palantir Technologies Inc (PLTR) has experienced a quarterly rise of 57.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 324.02B and boasts a workforce of 3936 employees.
How Moving Averages and Trading Volume Data Work Together
PLTR’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for PLTR stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.04.
