On Friday, Planet Labs PBC (NYSE: PL) opened lower -10.61% from the last session, before settling in for the closing price of $4.24. Price fluctuations for PL have ranged from $1.67 to $6.71 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 21.21%. Company’s average yearly earnings per share was noted 46.80% at the time writing. With a float of $199.88 million, this company’s outstanding shares have now reached $299.00 million.
Considering the fact that the conglomerate employs 1180 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
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 33.21%, while institutional ownership is 31.98%. 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.
Planet Labs PBC (PL) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 46.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 60.91% during the next five years compared to 31.85% growth over the previous five years of trading.
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 4.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.11 in one year’s time.
Technical Analysis of Planet Labs PBC (PL)
Compared to the last year’s volume of 5.86 million, its volume of 6.09 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 74.84%. Additionally, its Average True Range was 0.40.
During the past 100 days, Planet Labs PBC’s (PL) raw stochastic average was set at 35.47%, which indicates a significant decrease from 51.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.26% in the past 14 days, which was higher than the 86.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.84, while its 200-day Moving Average is $3.17. Nevertheless, the first resistance level for the watch stands at $4.03 in the near term. At $4.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.72. If the price goes on to break the first support level at $3.35, it is likely to go to the next support level at $2.91. Now, if the price goes above the second support level, the third support stands at $2.66.
Planet Labs PBC (NYSE: PL) Key Stats
There are currently 296,709K shares outstanding in the company with a market cap of 1.13 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.
