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 Labs PBC’s current trading price is -9.02% away from its 52-week high, while its distance from the 52-week low is 252.89%. The stock’s price range during this period has varied between $1.73 and $6.71. The company, active in the Industrials sector, saw a trading volume of around 3.87 million for the day, considerably lower average daily volume of 6.71 million observed over the last three months.
Planet Labs PBC’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $6.71 on 02/10/25, with the lowest value being $1.73 on 07/10/24.
How Financial Performance Impacts Market Capitalization
Planet Labs PBC (PL) has experienced a quarterly rise of 76.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.85B and boasts a workforce of 970 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How PL’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 PL stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.02.
PL 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 gain of 228.23% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 47.46%. Over the past 30 days, the price of PL has fallen by 54.95%. And in the last five days, it has surged by 15.19%.
