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The price of Planet Labs PBC (NYSE: PL) closed at $3.17 in the last session, down -5.65% from day before closing price of $3.36. In other words, the price has decreased by -$5.65 from its previous closing price. On the day, 4.16 million shares were traded. PL stock price reached its highest trading level at $3.235 during the session, while it also had its lowest trading level at $3.0701.
Ratios:
We take a closer look at PL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
On January 30, 2025, Craig Hallum Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $7.
On January 24, 2025, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $6.30.Cantor Fitzgerald initiated its Overweight rating on January 24, 2025, with a $6.30 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PL now has a Market Capitalization of 958135744 and an Enterprise Value of 757673728. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.92 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 3.101 whereas that against EBITDA is -12.719.
Stock Price History:
The Beta on a monthly basis for PL is 1.50, which has changed by 0.75138116 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, PL has reached a high of $6.71, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is -30.07%, while the 200-Day Moving Average is calculated to be -3.54%.
Shares Statistics:
According to the various share statistics, PL traded on average about 5.82M shares per day over the past 3-months and 4812940 shares per day over the past 10 days. A total of 278.94M shares are outstanding, with a floating share count of 202.07M. Insiders hold about 33.14% of the company’s shares, while institutions hold 31.61% stake in the company. Shares short for PL as of 1743379200 were 8014746 with a Short Ratio of 1.38, compared to 1740700800 on 6209778. Therefore, it implies a Short% of Shares Outstanding of 8014746 and a Short% of Float of 3.27.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
