Palantir Technologies Inc (PLTR) is 1.10% away from 50-day simple Moving Average despite all headwinds

On Friday, Palantir Technologies Inc (NASDAQ: PLTR) opened lower -1.42% from the last session, before settling in for the closing price of $68.23. Price fluctuations for PLTR have ranged from $16.03 to $84.80 over the past 52 weeks.

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Annual sales at Technology sector company grew by 32.15% over the past five years. Company’s average yearly earnings per share was noted 52.46% at the time writing. With a float of $2.06 billion, this company’s outstanding shares have now reached $2.17 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 and Institutional Ownership

A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Palantir Technologies Inc is 9.74%, while institutional ownership is 48.82%. The most recent insider transaction that took place on Jan 07 ’25, was worth 286,540. In this transaction Director of this company sold 4,000 shares at a rate of $71.63, taking the stock ownership to the 195,393 shares. Before that another transaction happened on Jan 07 ’25, when Company’s Director proposed sale 4,000 for $75.92, making the entire transaction worth $303,680.

Palantir Technologies Inc (PLTR) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 52.46% per share during the next fiscal year.

Palantir Technologies Inc (NASDAQ: PLTR) Trading Performance Indicators

Check out the current performance indicators for Palantir Technologies Inc (PLTR). In the past quarter, the stock posted a quick ratio of 5.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 57.90. Likewise, its price to free cash flow for the trailing twelve months is 156.30.

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)

Palantir Technologies Inc (NASDAQ: PLTR) saw its 5-day average volume 85.85 million, a positive change from its year-to-date volume of 83.58 million. As of the previous 9 days, the stock’s Stochastic %D was 11.12%. Additionally, its Average True Range was 4.39.

During the past 100 days, Palantir Technologies Inc’s (PLTR) raw stochastic average was set at 68.39%, which indicates a significant increase from 11.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.33% in the past 14 days, which was higher than the 61.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $66.53, while its 200-day Moving Average is $38.10. Nevertheless, the first resistance level for the watch stands at $68.63 in the near term. At $69.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $71.79. If the price goes on to break the first support level at $65.47, it is likely to go to the next support level at $63.67. The third support level lies at $62.31 if the price breaches the second support level.

Palantir Technologies Inc (NASDAQ: PLTR) Key Stats

There are currently 2,278,021K shares outstanding in the company with a market cap of 153.22 billion. Presently, the company’s annual sales total 2,225 M according to its annual income of 209,830 K. Last quarter, the company’s sales amounted to 725,520 K and its income totaled 143,530 K.