Palantir Technologies Inc (NYSE:PLTR) currently has a daily average trading volume of 61.82M but it saw 113397344 shares traded in last market. With a market cap of 124.37B USD, the company’s current market price of $55.53 came rising about 8.61 while comparing to the previous closing price of $51.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $51.58 and as low as $15.66. In the recent trading on the day, stock has struck highest price mark of $51.61 while lowest mark touched by it was $55.69.
Taking a look at 20-day trading activity of Palantir Technologies Inc (PLTR) gives us an average price of $44.08, while its current price level is 7.67% below from 52-week high level whereas it is 254.51% 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 $39.07 while that of 200 days or SMA-200 reads an average of $27.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.74% during that period while stretching the period over a month that decreases to 3.87%. 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 80.53 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 27.10% up while it is 33.97% when we observe its performance for the past one month. Year-to-date it is 223.41% up and over the past year, the stock is showing an upside performance of 199.51%.
Currently, Palantir Technologies Inc’s total number of outstanding shares is 2.10B. Company’s return on investment (ROI) stands at 10.13% and return on equity (ROE) at 12.40%. It has a price to earnings ratio (P/E ratio) of 281.16 while having a 120.87 of forward P/E ratio. Stock’s beta reads 2.70. Stock has a price to book (P/B) ratio of 28.02 while price to sale or P/S ratio amounts to 47.00. Its return on asset (ROA) is 9.57% on average.
