Last month’s performance of 11.31% for Planet Labs PBC (PL) is certainly impressive

Planet Labs PBC (NYSE: PL) kicked off on Monday, up 5.06% from the previous trading day, before settling in for the closing price of $3.56. Over the past 52 weeks, PL has traded in a range of $1.73-$6.71.

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Annual sales at Industrials sector company grew by 21.21% over the past five years. While this was happening, its average annual earnings per share was recorded 22.60%. With a float of $208.44 million, this company’s outstanding shares have now reached $278.94 million.

Let’s look at the performance matrix of the company that is accounted for 970 employees. 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 and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Planet Labs PBC is 31.04%, while institutional ownership is 31.91%.

Planet Labs PBC (PL) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 22.60% 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

Take a look at Planet Labs PBC’s (PL) current performance indicators. Last quarter, stock had a quick ratio of 2.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.63.

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)

Planet Labs PBC (NYSE: PL) saw its 5-day average volume 2.92 million, a negative change from its year-to-date volume of 5.0 million. As of the previous 9 days, the stock’s Stochastic %D was 84.83%. Additionally, its Average True Range was 0.24.

During the past 100 days, Planet Labs PBC’s (PL) raw stochastic average was set at 24.23%, which indicates a significant decrease from 82.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.90% in the past 14 days, which was lower than the 88.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.61, while its 200-day Moving Average is $3.42. Nevertheless, the first resistance level for the watch stands at $3.85 in the near term. At $3.96, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.04. If the price goes on to break the first support level at $3.66, it is likely to go to the next support level at $3.58. The third support level lies at $3.47 if the price breaches the second support level.

Planet Labs PBC (NYSE: PL) Key Stats

The company with the Market Capitalisation of 1.13 billion has total of 302,251K Shares Outstanding. Its annual sales at the moment are 244,350 K in contrast with the sum of -123,200 K annual income. Company’s last quarter sales were recorded 61,550 K and last quarter income was -35,150 K.