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Palantir Technologies Inc (NYSE: PLTR) closed the day trading at $27.39 down -1.12% from the previous closing price of $27.70. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 52.99 million shares were traded. PLTR stock price reached its highest trading level at $28.38 during the session, while it also had its lowest trading level at $27.23.
Ratios:
For a better understanding of PLTR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 95.10. For the most recent quarter (mrq), Quick Ratio is recorded 5.91 and its Current Ratio is at 5.91. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
On June 17, 2024, Argus started tracking the stock assigning a Buy rating and target price of $29.
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 08 ’24 when Palantir Technologies Inc. sold 87,182 shares for $0.13 per share. The transaction valued at 11,578 led to the insider holds 10,552,084 shares of the business.
Palantir Technologies Inc. sold 20,000 shares of PLTR for $2,260 on Jul 05 ’24. The 10% Owner now owns 10,639,266 shares after completing the transaction at $0.11 per share. On Jul 03 ’24, another insider, Palantir Technologies Inc., who serves as the 10% Owner of the company, sold 10,219 shares for $0.12 each. As a result, the insider received 1,226 and left with 10,659,266 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLTR now has a Market Capitalization of 61685018624 and an Enterprise Value of 57429807104. As of this moment, Palantir’s Price-to-Earnings (P/E) ratio for their current fiscal year is 216.18, and their Forward P/E ratio for the next fiscal year is 69.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.13 while its Price-to-Book (P/B) ratio in mrq is 16.16. Its current Enterprise Value per Revenue stands at 24.604 whereas that against EBITDA is 249.474.
Stock Price History:
Over the past 52 weeks, PLTR has reached a high of $27.99, while it has fallen to a 52-week low of $13.68. The 50-Day Moving Average of the stock is 18.80%, while the 200-Day Moving Average is calculated to be 33.91%.
Shares Statistics:
Over the past 3-months, PLTR traded about 42.10M shares per day on average, while over the past 10 days, PLTR traded about 37388980 shares per day. A total of 2.10B shares are outstanding, with a floating share count of 1.91B. Insiders hold about 14.39% of the company’s shares, while institutions hold 40.09% stake in the company. Shares short for PLTR as of 1718323200 were 71534078 with a Short Ratio of 1.70, compared to 1715731200 on 77780738. Therefore, it implies a Short% of Shares Outstanding of 71534078 and a Short% of Float of 3.61.
