Palantir Technologies Inc (NYSE:PLTR) currently has a daily average trading volume of 59.49M but it saw 85954904 shares traded in last market. With a market cap of 96.59B USD, the company’s current market price of $43.13 came rising about 4.05 while comparing to the previous closing price of $41.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $41.49 and as low as $14.48. In the recent trading on the day, stock has struck highest price mark of $41.22 while lowest mark touched by it was $43.34.
Taking a look at 20-day trading activity of Palantir Technologies Inc (PLTR) gives us an average price of $37.67, while its current price level is 3.95% below from 52-week high level whereas it is 197.86% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $33.26 while that of 200 days or SMA-200 reads an average of $25.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.49% during that period while stretching the period over a month that decreases to 3.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 77.89 which implies that the stock is in overbought territory.
Monness Crespi & Hardt issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $20 and $18.
Over the week, PLTR’s stock price is moving 15.04% up while it is 24.08% when we observe its performance for the past one month. Year-to-date it is 151.19% up and over the past year, the stock is showing an upside performance of 144.92%.
Currently, Palantir Technologies Inc’s total number of outstanding shares is 2.10B. Company’s return on investment (ROI) stands at 9.49% and return on equity (ROE) at 11.55%. It has a price to earnings ratio (P/E ratio) of 253.86 while having a 101.94 of forward P/E ratio. Stock’s beta reads 2.71. Stock has a price to book (P/B) ratio of 23.83 while price to sale or P/S ratio amounts to 38.96. Its return on asset (ROA) is 8.82% on average.
