Palantir Technologies Inc (PLTR) with a beta value of 2.72 appears to be a promising investment opportunity.

A new trading day began on Monday, with Palantir Technologies Inc (NYSE: PLTR) stock price up 0.98% from the previous day of trading, before settling in for the closing price of $36.84. PLTR’s price has ranged from $14.48 to $38.19 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 30.67% over the last five years. Meanwhile, its annual earnings per share averaged 42.41%. With a float of $2.00 billion, this company’s outstanding shares have now reached $2.10 billion.

The firm has a total of 3735 workers. Let’s measure their productivity.

Palantir Technologies Inc (PLTR) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Palantir Technologies Inc is 10.64%, while institutional ownership is 40.55%. The most recent insider transaction that took place on Sep 30 ’24, was worth 154,032,387. Before that another transaction happened on Sep 27 ’24, when Company’s 10% Owner sold 4,102 for $1.30, making the entire transaction worth $5,314. This insider now owns 1,462,397 shares in total.

Palantir Technologies Inc (PLTR) Recent Fiscal highlights

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According to the Wall Street analysts, stocks earnings will be around 42.41% per share during the next fiscal year.

Palantir Technologies Inc (NYSE: PLTR) Trading Performance Indicators

Here are Palantir Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 33.61. Likewise, its price to free cash flow for the trailing twelve months is 119.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.17, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.42 in one year’s time.

Technical Analysis of Palantir Technologies Inc (PLTR)

Analysing the last 5-days average volume posted by the [Palantir Technologies Inc, PLTR], we can find that recorded value of 52.02 million was lower than the volume posted last year of 57.37 million. As of the previous 9 days, the stock’s Stochastic %D was 54.73%. Additionally, its Average True Range was 1.29.

During the past 100 days, Palantir Technologies Inc’s (PLTR) raw stochastic average was set at 94.40%, which indicates a significant increase from 78.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.15% in the past 14 days, which was lower than the 46.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.55, while its 200-day Moving Average is $24.47. Now, the first resistance to watch is $37.63. This is followed by the second major resistance level at $38.06. The third major resistance level sits at $38.80. If the price goes on to break the first support level at $36.46, it is likely to go to the next support level at $35.72. Now, if the price goes above the second support level, the third support stands at $35.29.

Palantir Technologies Inc (NYSE: PLTR) Key Stats

With a market capitalization of 83.31 billion, the company has a total of 2,226,896K Shares Outstanding. Currently, annual sales are 2,225 M while annual income is 209,830 K. The company’s previous quarter sales were 678,130 K while its latest quarter income was 134,130 K.