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The closing price of Palantir Technologies Inc (NYSE: PLTR) was $55.88 for the day, up 0.63% from the previous closing price of $55.53. In other words, the price has increased by $0.63 from its previous closing price. On the day, 119.67 million shares were traded. PLTR stock price reached its highest trading level at $56.47 during the session, while it also had its lowest trading level at $53.55.
Ratios:
Our analysis of PLTR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 129.85. For the most recent quarter (mrq), Quick Ratio is recorded 5.67 and its Current Ratio is at 5.67. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 05 ’24 when Stat Lauren Elaina Friedman sold 8,054 shares for $50.49 per share. The transaction valued at 406,646 led to the insider holds 130,250 shares of the business.
Planishek Heather A. sold 20,000 shares of PLTR for $999,250 on Nov 05 ’24. The insider now owns 562,006 shares after completing the transaction at $49.96 per share. On Nov 07 ’24, another insider, Karp Alexander C., who serves as the insider of the company, sold 4,500,000 shares for $55.03 each. As a result, the insider received 247,629,069 and left with 6,432,258 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 127295766528 and an Enterprise Value of 123079286784. As of this moment, Palantir’s Price-to-Earnings (P/E) ratio for their current fiscal year is 282.94, and their Forward P/E ratio for the next fiscal year is 121.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 48.10 while its Price-to-Book (P/B) ratio in mrq is 28.20. Its current Enterprise Value per Revenue stands at 46.509 whereas that against EBITDA is 309.472.
Stock Price History:
Over the past 52 weeks, PLTR has reached a high of $55.69, while it has fallen to a 52-week low of $15.66. The 50-Day Moving Average of the stock is 41.17%, while the 200-Day Moving Average is calculated to be 98.48%.
Shares Statistics:
PLTR traded an average of 62.05M shares per day over the past three months and 66192300 shares per day over the past ten days. A total of 2.10B shares are outstanding, with a floating share count of 2.01B. Insiders hold about 10.09% of the company’s shares, while institutions hold 43.15% stake in the company. Shares short for PLTR as of 1728950400 were 95592527 with a Short Ratio of 1.54, compared to 1726185600 on 67110092. Therefore, it implies a Short% of Shares Outstanding of 95592527 and a Short% of Float of 4.8.
