Palantir Technologies Inc (NASDAQ: PLTR) on Monday, plunged -5.08% from the previous trading day, before settling in for the closing price of $76.34. Within the past 52 weeks, PLTR’s price has moved between $15.66 and $76.82.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 30.67%. The company achieved an average annual earnings per share of 51.75%. With a float of $2.05 billion, this company’s outstanding shares have now reached $2.17 billion.
The extent of productivity of a business whose workforce counts for 3735 workers is very important to gauge. 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
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Palantir Technologies Inc is 9.84%, while institutional ownership is 48.85%. The most recent insider transaction that took place on Dec 04 ’24, was worth 963,826. In this transaction an insider of this company sold 13,891 shares at a rate of $69.38, taking the stock ownership to the 525,897 shares. Before that another transaction happened on Dec 06 ’24, when Company’s Director proposed sale 10,721 for $71.87, making the entire transaction worth $770,518.
Palantir Technologies Inc (PLTR) Performance Highlights and Predictions
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
Palantir Technologies Inc (PLTR) is currently performing well based on its current performance indicators. A quick ratio of 5.67 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 66.25. Likewise, its price to free cash flow for the trailing twelve months is 178.85.
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)
The latest stats from [Palantir Technologies Inc, PLTR] show that its last 5-days average volume of 103.08 million was superior to 59.6 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 79.03%. Additionally, its Average True Range was 3.72.
During the past 100 days, Palantir Technologies Inc’s (PLTR) raw stochastic average was set at 85.84%, which indicates a significant increase from 60.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.40% in the past 14 days, which was lower than the 62.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.38, while its 200-day Moving Average is $32.77. Now, the first resistance to watch is $78.56. This is followed by the second major resistance level at $84.67. The third major resistance level sits at $88.42. If the price goes on to break the first support level at $68.70, it is likely to go to the next support level at $64.95. Assuming the price breaks the second support level, the third support level stands at $58.84.
Palantir Technologies Inc (NASDAQ: PLTR) Key Stats
Market capitalization of the company is 175.33 billion based on 2,278,021K outstanding shares. Right now, sales total 2,225 M and income totals 209,830 K. The company made 725,520 K in profit during its latest quarter, and 143,530 K in sales during its previous quarter.
