On Tuesday, Planet Labs PBC (NYSE: PL) opened higher 6.02% from the last session, before settling in for the closing price of $5.15. Price fluctuations for PL have ranged from $1.67 to $5.55 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 23.83% over the last five years. Company’s average yearly earnings per share was noted 34.41% at the time writing. With a float of $200.86 million, this company’s outstanding shares have now reached $275.27 million.
The firm has a total of 1180 workers. Let’s measure their productivity. In terms of profitability, gross margin is 55.94%, operating margin of -54.08%, and the pretax margin is -48.5%.
Planet Labs PBC (PL) Insider Activity
A key investor’s attitude towards the stock of the Aerospace & Defense industry is another important factor to consider. The insider ownership of Planet Labs PBC is 32.82%, while institutional ownership is 28.29%. The most recent insider transaction that took place on Apr 01 ’24, was worth 2,530. In this transaction CFO & COO of this company sold 1,000 shares at a rate of $2.53, taking the stock ownership to the 1,957,012 shares. Before that another transaction happened on Mar 01 ’24, when Company’s CFO & COO sold 1,000 for $2.18, making the entire transaction worth $2,180. This insider now owns 838,882 shares in total.
Planet Labs PBC (PL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 34.41% per share during the next fiscal year.
Planet Labs PBC (NYSE: PL) Trading Performance Indicators
Check out the current performance indicators for Planet Labs PBC (PL). In the past quarter, the stock posted a quick ratio of 2.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.41, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Planet Labs PBC (PL)
Analysing the last 5-days average volume posted by the [Planet Labs PBC, PL], we can find that recorded value of 8.53 million was better than the volume posted last year of 5.03 million. As of the previous 9 days, the stock’s Stochastic %D was 89.48%. Additionally, its Average True Range was 0.40.
During the past 100 days, Planet Labs PBC’s (PL) raw stochastic average was set at 97.63%, which indicates a significant increase from 95.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 121.00% in the past 14 days, which was higher than the 91.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.00, while its 200-day Moving Average is $2.59. Now, the first resistance to watch is $5.64. This is followed by the second major resistance level at $5.83. The third major resistance level sits at $6.14. If the price goes on to break the first support level at $5.14, it is likely to go to the next support level at $4.83. Should the price break the second support level, the third support level stands at $4.64.
Planet Labs PBC (NYSE: PL) Key Stats
There are currently 296,709K shares outstanding in the company with a market cap of 1.63 billion. Presently, the company’s annual sales total 220,700 K according to its annual income of -140,510 K. Last quarter, the company’s sales amounted to 61,270 K and its income totaled -20,080 K.
