Planet Labs PBC (PL) concluded trading on Thursday at a closing price of $4.24, with 3.32 million shares of worth about $14.08 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 100.00% during that period and on March 20, 2025 the price saw a loss of about -1.85%. Currently the company’s common shares owned by public are about 275.27M shares, out of which, 199.71M shares are available for trading.
Stock saw a price change of 6.80% in past 5 days and over the past one month there was a price change of -24.69%. Year-to-date (YTD), PL shares are showing a performance of 4.95% which increased to 91.86% 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 5.71 million. The stock is currently trading -0.16% below its 20-day simple moving average (SMA20), while that difference is down -12.49% for SMA50 and it goes to 34.22% higher than SMA200.
Planet Labs PBC (NYSE: PL) currently have 275.27M outstanding shares and institutions hold larger chunk of about 31.98% of that.
The stock has a current market capitalization of $1.27B and its 3Y-monthly beta is at 1.45. 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 5.14% while standing at 8.13% over the month.
Stock’s fiscal year EPS is expected to rise by 59.77% while it is estimated to increase by 11.75% in next year. EPS is likely to shrink at an annualized rate of -4.77% 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.
