Palantir Technologies Inc (NYSE:PLTR) currently has a daily average trading volume of 60.51M but it saw 58756114 shares traded in last market. With a market cap of 93.90B USD, the company’s current market price of $41.93 came falling about -1.18 while comparing to the previous closing price of $42.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.39 and as low as $14.48. In the recent trading on the day, stock has struck highest price mark of $40.36 while lowest mark touched by it was $42.49.
Taking a look at 20-day trading activity of Palantir Technologies Inc (PLTR) gives us an average price of $39.43, while its current price level is -5.54% below from 52-week high level whereas it is 189.57% 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 $34.99 while that of 200 days or SMA-200 reads an average of $25.87. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.13% during that period while stretching the period over a month that decreases to 3.88%. 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 67.22 which implies that the stock is in neutral 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 -2.78% down while it is 15.03% when we observe its performance for the past one month. Year-to-date it is 144.21% up and over the past year, the stock is showing an upside performance of 141.53%.
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 246.79 while having a 99.10 of forward P/E ratio. Stock’s beta reads 2.72. Stock has a price to book (P/B) ratio of 23.17 while price to sale or P/S ratio amounts to 37.88. Its return on asset (ROA) is 8.82% on average.
