Palantir Technologies Inc (PLTR) stock is currently valued at $160.66. During the last session, the stock experienced a remarkable rise, reaching $180.0 after opening at $160.66. The stock briefly dropped to $40.0 before ultimately closing at $154.27.
Palantir Technologies Inc saw a rather consistency, in terms of market performance.
52-week price history of PLTR Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Palantir Technologies Inc’s current trading price is -0.14% away from its 52-week high, while its distance from the 52-week low is 656.76%. The stock’s price range during this period has spanned from $21.23 to $160.89. In the Technology sector, the Palantir Technologies Inc’s shares surpassed a trading volume of approximately 77.03 million for the day, which was noticeably lower compared to the average daily volume of 9.79.69 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Palantir Technologies Inc (PLTR) has experienced a quarterly rise of 29.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 379.14B and boasts a workforce of 3936 employees.
A Closer Look at Analysts’ Ratings for Palantir Technologies Inc
As of right now, 2 analysts are rating Palantir Technologies Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 16 analysts are recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 3 analysts are rating the stock as SELL.
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 120.78, with a change in price of +82.61. Similarly, Palantir Technologies Inc recorded 89,555,414 in trading volume during the last 100 days, posting a change of +105.84%.
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 0.05. Similarly, the long-term debt-to-equity ratio is also 0.04.
PLTR Stock Stochastic Average
Today, Palantir Technologies Inc’s raw stochastic average for the past 50 days stands at 98.26%, indicating a rise from the raw stochastic average of the last 20 days, which was 97.11%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 88.35% and 88.81% respectively.
PLTR Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded an increase of 497.47%. However, over the last six months, the performance has been weaker by 94.76%. The price of PLTR increased 19.57% over the last 30 days. And in the last five days, it has surged by 1.76%.
