Daily Market Movement: Plutonian Acquisition Corp (PLTN) Sees a 3.39 Increase, Closing at 9.15

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The closing price of Plutonian Acquisition Corp (NASDAQ: PLTN) was $9.15 for the day, up 3.39% from the previous closing price of $8.85. In other words, the price has increased by $3.39 from its previous closing price. On the day, 0.93 million shares were traded. PLTN stock price reached its highest trading level at $11.16 during the session, while it also had its lowest trading level at $7.75.

Ratios:

Our analysis of PLTN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 0.26. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLTN now has a Market Capitalization of 45757044 and an Enterprise Value of 46341168. As of this moment, Plutonian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 85.35.

Stock Price History:

The Beta on a monthly basis for PLTN is 0.45, which has changed by -0.115942 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, PLTN has reached a high of $11.00, while it has fallen to a 52-week low of $8.82. The 50-Day Moving Average of the stock is -14.19%, while the 200-Day Moving Average is calculated to be -13.09%.

Shares Statistics:

PLTN traded an average of 23.81K shares per day over the past three months and 98830 shares per day over the past ten days. A total of 5.00M shares are outstanding, with a floating share count of 3.30M. Insiders hold about 34.07% of the company’s shares, while institutions hold 61.24% stake in the company. Shares short for PLTN as of 1713139200 were 1555 with a Short Ratio of 0.07, compared to 1710460800 on 1129. Therefore, it implies a Short% of Shares Outstanding of 1555 and a Short% of Float of 0.09000000400000001.

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