Palantir Technologies Inc (NYSE: PLTR) kicked off on Friday, up 4.87% from the previous trading day, before settling in for the closing price of $61.36. Over the past 52 weeks, PLTR has traded in a range of $15.66-$66.00.
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Annual sales at Technology sector company grew by 30.67% over the past five years. While this was happening, its average annual earnings per share was recorded 51.24%. With a float of $2.05 billion, this company’s outstanding shares have now reached $2.10 billion.
Let’s look at the performance matrix of the company that is accounted for 3735 employees. In terms of profitability, gross margin is 81.1%, operating margin of 13.8%, and the pretax margin is 19.46%.
Palantir Technologies Inc (PLTR) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Palantir Technologies Inc is 9.82%, while institutional ownership is 48.80%. The most recent insider transaction that took place on Nov 20 ’24, was worth 901,637. In this transaction an insider of this company sold 14,635 shares at a rate of $61.61, taking the stock ownership to the 547,371 shares. Before that another transaction happened on Nov 21 ’24, when Company’s insider sold 7,583 for $62.16, making the entire transaction worth $471,390. This insider now owns 539,788 shares in total.
Palantir Technologies Inc (PLTR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 51.24% per share during the next fiscal year.
Palantir Technologies Inc (NYSE: PLTR) Trading Performance Indicators
Take a look at Palantir Technologies Inc’s (PLTR) current performance indicators. Last quarter, stock had a quick ratio of 5.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 58.09. Likewise, its price to free cash flow for the trailing twelve months is 156.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of Palantir Technologies Inc (PLTR)
Palantir Technologies Inc (NYSE: PLTR) saw its 5-day average volume 78.07 million, a positive change from its year-to-date volume of 58.82 million. As of the previous 9 days, the stock’s Stochastic %D was 59.84%. Additionally, its Average True Range was 3.07.
During the past 100 days, Palantir Technologies Inc’s (PLTR) raw stochastic average was set at 96.31%, which indicates a significant increase from 91.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.67% in the past 14 days, which was higher than the 61.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.93, while its 200-day Moving Average is $30.52. Nevertheless, the first resistance level for the watch stands at $65.40 in the near term. At $66.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $68.47. If the price goes on to break the first support level at $62.33, it is likely to go to the next support level at $60.32. Assuming the price breaks the second support level, the third support level stands at $59.26.
Palantir Technologies Inc (NYSE: PLTR) Key Stats
The company with the Market Capitalisation of 153.73 billion has total of 2,278,021K Shares Outstanding. Its annual sales at the moment are 2,225 M in contrast with the sum of 209,830 K annual income. Company’s last quarter sales were recorded 725,520 K and last quarter income was 143,530 K.
