Palantir Technologies Inc (NYSE:PLTR) price closed lower on Friday, April 12, dropping -0.74% below its previous close.
A look at the daily price movement shows that the last close reads $22.84. The company’s P/E ratio in the trailing 12-month period read 251.05. Taking into account the 52-week price action we note that the stock hit a 52-week high of $27.50 and 52-week low of $7.28. The stock subtracted -9.32% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give PLTR a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that PLTR’s price is at present -3.67% off the SMA20 and -3.29% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 44.22, with weekly volatility standing at 2.96%. The indicator jumps to 3.78% when calculated based on the past 30 days. Palantir Technologies Inc (NYSE:PLTR)’s beta value is holding at 2.78, while the average true range (ATR) indicator is currently reading 0.98. An analysis of the Palantir Technologies Inc (NYSE:PLTR) stock in terms of its daily trading volume indicates that the 3-month average is 70.21 million.
Current records show that the company has 2.10B in outstanding shares. The insiders’ percentage holdings are 15.31% of outstanding shares while the percentage share held by institutions stands at 39.44%. But the 32.03% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
