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The price of Planet Labs PBC (NYSE: PL) closed at $3.39 in the last session, up 1.19% from day before closing price of $3.35. In other words, the price has increased by $1.19 from its previous closing price. On the day, 2.12 million shares were traded.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.19 while its Price-to-Book (P/B) ratio in mrq is 2.31.
Stock Price History:
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 -14.97%, while the 200-Day Moving Average is calculated to be 1.25%.
Shares Statistics:
A total of 278.94M shares are outstanding, with a floating share count of 208.07M. Insiders hold about 31.16% of the company’s shares, while institutions hold 31.66% stake in the company.
