Planet Labs PBC (PL) concluded trading on Wednesday at a closing price of $4.67, with 3.99 million shares of worth about $18.63 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 70.44% during that period and on Wednesday the price saw a gain of about 6.38%. Currently the company’s common shares owned by public are about 275.27M shares, out of which, 201.50M shares are available for trading.
Stock saw a price change of -17.05% in past 5 days and over the past one month there was a price change of -9.32%. Year-to-date (YTD), PL shares are showing a performance of 15.59% which increased to 116.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.67 but also hit the highest price of $6.71 during that period. The average intraday trading volume for Planet Labs PBC shares is 6.47 million. The stock is currently trading -19.24% below its 20-day simple moving average (SMA20), while that difference is down -3.55% for SMA50 and it goes to 56.54% higher than SMA200.
Planet Labs PBC (NYSE: PL) currently have 275.27M outstanding shares and institutions hold larger chunk of about 32.24% of that.
The stock has a current market capitalization of $1.40B and its 3Y-monthly beta is at 1.47. It has posted earnings per share of -$0.41 in the same period. It has Quick Ratio of 2.32 while making debt-to-equity ratio of 0.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PL, volatility over the week remained 9.24% while standing at 9.00% over the month.
Stock’s fiscal year EPS is expected to rise by 37.08% while it is estimated to increase by 48.21% in next year. EPS is likely to grow at an annualized rate of 45.94% for next 5-years, compared to annual growth of 35.30% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on January 30, 2025 offering a Buy rating for the stock and assigned a target price of $7 to it. Coverage by Cantor Fitzgerald stated Planet Labs PBC (PL) stock as an Overweight in their note to investors on January 24, 2025, suggesting a price target of $6.30 for the stock. Stock get a Mkt outperform rating from JMP Securities on May 02, 2023.
