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The closing price of Planet Labs PBC (NYSE: PL) was $5.59 for the day, down -4.12% from the previous closing price of $5.83. In other words, the price has decreased by -$4.12 from its previous closing price. On the day, 8.49 million shares were traded.
Ratios:
Our analysis of PL’s different ratios will help us gain a deeper understanding of the company. 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 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.
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 $1.73. The 50-Day Moving Average of the stock is 50.91%, while the 200-Day Moving Average is calculated to be 54.70%.
Shares Statistics:
A total of 282.25M shares are outstanding, with a floating share count of 209.31M. Insiders hold about 31.02% of the company’s shares, while institutions hold 33.85% stake in the company.
