Planet Labs PBC (NYSE: PL) on Friday, plunged -5.65% from the previous trading day, before settling in for the closing price of $3.36. Within the past 52 weeks, PL’s price has moved between $1.67 and $6.71.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 21.21%. The company achieved an average annual earnings per share of 24.15%. With a float of $202.07 million, this company’s outstanding shares have now reached $278.94 million.
Considering the fact that the conglomerate employs 970 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 57.67%, operating margin of -47.52%, and the pretax margin is -49.41%.
Planet Labs PBC (PL) Insider Activity
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Planet Labs PBC is 33.14%, while institutional ownership is 31.61%.
Planet Labs PBC (PL) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 38.39% 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
Planet Labs PBC (PL) is currently performing well based on its current performance indicators. A quick ratio of 2.11 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 3.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.14 in one year’s time.
Technical Analysis of Planet Labs PBC (PL)
Compared to the last year’s volume of 5.59 million, its volume of 5.79 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 62.08%. Additionally, its Average True Range was 0.40.
During the past 100 days, Planet Labs PBC’s (PL) raw stochastic average was set at 11.28%, which indicates a significant decrease from 30.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.37% in the past 14 days, which was higher than the 91.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.53, while its 200-day Moving Average is $3.29. Nevertheless, the first resistance level for the watch stands at $3.25 in the near term. At $3.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.42. If the price goes on to break the first support level at $3.08, it is likely to go to the next support level at $2.99. Should the price break the second support level, the third support level stands at $2.91.
Planet Labs PBC (NYSE: PL) Key Stats
Market capitalization of the company is 958.13 million based on 302,251K outstanding shares. Right now, sales total 244,350 K and income totals -123,200 K. The company made 61,550 K in profit during its latest quarter, and -35,150 K in sales during its previous quarter.
