A new trading day began on Monday, with Palantir Technologies Inc (NASDAQ: PLTR) stock price down -1.03% from the previous day of trading, before settling in for the closing price of $67.08. PLTR’s price has ranged from $15.66 to $67.88 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 30.67%. Meanwhile, its annual earnings per share averaged 51.75%. With a float of $2.05 billion, this company’s outstanding shares have now reached $2.17 billion.
Considering the fact that the conglomerate employs 3735 people, you should pay attention to its efficiency factor. 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) 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 9.84%, while institutional ownership is 48.80%. The most recent insider transaction that took place on Nov 29 ’24, was worth 1,976,700. Before that another transaction happened on Nov 25 ’24, when Company’s Director sold 9,746 for $66.77, making the entire transaction worth $650,740. This insider now owns 111,644 shares in total.
Palantir Technologies Inc (PLTR) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 51.75% per share during the next fiscal year.
Palantir Technologies Inc (NASDAQ: 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 5.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 58.04. Likewise, its price to free cash flow for the trailing twelve months is 156.68.
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 0.47 in one year’s time.
Technical Analysis of Palantir Technologies Inc (PLTR)
Compared to the last year’s volume of 58.66 million, its volume of 51.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.53%. Additionally, its Average True Range was 2.89.
During the past 100 days, Palantir Technologies Inc’s (PLTR) raw stochastic average was set at 96.81%, which indicates a significant increase from 84.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.50% in the past 14 days, which was lower than the 60.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.87, while its 200-day Moving Average is $31.55. Nevertheless, the first resistance level for the watch stands at $67.53 in the near term. At $68.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $69.45. If the price goes on to break the first support level at $65.61, it is likely to go to the next support level at $64.82. Now, if the price goes above the second support level, the third support stands at $63.69.
Palantir Technologies Inc (NASDAQ: PLTR) Key Stats
With a market capitalization of 153.60 billion, the company has a total of 2,278,021K Shares Outstanding. Currently, annual sales are 2,225 M while annual income is 209,830 K. The company’s previous quarter sales were 725,520 K while its latest quarter income was 143,530 K.