Gaining Ground: Planet Labs PBC (PL) Closes Higher at 6.29M, Up 10920796

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

The price of Planet Labs PBC (NYSE: PL) closed at $6.29M in the last session, up 10920796% from day before closing price of $5.11. In other words, the price has increased by $10920796 from its previous closing price. On the day, 10.92 million shares were traded. PL stock price reached its highest trading level at $5.21 during the session, while it also had its lowest trading level at $4.96.

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 2.09 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 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.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 13 ’25 when ISALEA INVESTMENTS LP bought 3,800 shares for $0.64 per share.

ISALEA INVESTMENTS LP bought 8,600 shares of PL for $5,850 on Jun 12 ’25.

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 1526258048 and an Enterprise Value of 1319784576. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.10 while its Price-to-Book (P/B) ratio in mrq is 3.43. Its current Enterprise Value per Revenue stands at 5.275 whereas that against EBITDA is -26.461.

Stock Price History:

The Beta on a monthly basis for PL is 1.61, which has changed by 1.5404041 over the last 52 weeks, in comparison to a change of 0.09544468 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 $1.73. The 50-Day Moving Average of the stock is 26.48%, while the 200-Day Moving Average is calculated to be 35.77%.

Shares Statistics:

According to the various share statistics, PL traded on average about 6.29M shares per day over the past 3-months and 11768770 shares per day over the past 10 days. A total of 282.25M shares are outstanding, with a floating share count of 209.55M. Insiders hold about 30.94% of the company’s shares, while institutions hold 33.89% stake in the company. Shares short for PL as of 1748563200 were 10861568 with a Short Ratio of 1.73, compared to 1745971200 on 8955458. Therefore, it implies a Short% of Shares Outstanding of 10861568 and a Short% of Float of 4.44.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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