Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Planet Labs PBC (NYSE: PL) closed the day trading at $6.78 down -0.59% from the previous closing price of $6.82. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 5.27 million shares were traded. PL stock price reached its highest trading level at $6.855 during the session, while it also had its lowest trading level at $6.52.
Ratios:
For a better understanding of PL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
On April 11, 2025, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $3.50.
Craig Hallum Upgraded its Hold to Buy on January 30, 2025, while the target price for the stock was maintained at $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 11 ’25 when ISALEA INVESTMENTS LP bought 3,011,400 shares for $6.60 per share.
ISALEA INVESTMENTS LP bought 3,800 shares of PL for $2,443 on Jun 13 ’25. On Jun 12 ’25, another insider, ISALEA INVESTMENTS LP, who serves as the Director of the company, bought 8,600 shares for $0.68 each.
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 2057262336 and an Enterprise Value of 1850788736. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.22 while its Price-to-Book (P/B) ratio in mrq is 4.62. Its current Enterprise Value per Revenue stands at 7.398 whereas that against EBITDA is -37.108.
Stock Price History:
The Beta on a monthly basis for PL is 1.81, which has changed by 1.3873239 over the last 52 weeks, in comparison to a change of 0.15005577 over the same period for the S&P500. Over the past 52 weeks, PL has reached a high of $7.72, while it has fallen to a 52-week low of $1.76. The 50-Day Moving Average of the stock is 9.30%, while the 200-Day Moving Average is calculated to be 49.73%.
Shares Statistics:
Over the past 3-months, PL traded about 9.38M shares per day on average, while over the past 10 days, PL traded about 5210850 shares per day. A total of 282.25M shares are outstanding, with a floating share count of 221.00M. Insiders hold about 27.17% of the company’s shares, while institutions hold 41.05% stake in the company. Shares short for PL as of 1753920000 were 15222916 with a Short Ratio of 1.62, compared to 1751241600 on 12668305. Therefore, it implies a Short% of Shares Outstanding of 15222916 and a Short% of Float of 6.23.
