Stocks of Planet Labs PBC (NYSE:PL) traded higher last session on Wall Street, up 0.98% to $6.16.
PL stock price is now 42.24% away from the 50-day moving average and 60.69% away from the 200-day moving average. The market capitalization of the company currently stands at $1.87B.
On April 11, 2025, Goldman Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $3.50, while ‘Craig Hallum’ rates the stock as ‘Buy’
In other news, ISALEA INVESTMENTS LP, Director bought 3,800 shares of the company’s stock on Jun 13 ’25. The stock was bought for $2,443 at an average price of $0.64. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’25, Director ISALEA INVESTMENTS LP bought 8,600 shares of the business’s stock. A total of $5,850 was incurred on buying the stock at an average price of $0.68. A total of 30.94% of the company’s stock is owned by insiders.
During the past 12 months, Planet Labs PBC has had a low of $1.73 and a high of $6.71. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 2.09, and a quick ratio of 2.09.
The net profit margin was -42.58% and return on equity was -22.54% for PL. The company reported revenue of $66.27 million for the quarter, compared to $60.44 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.64 percent.
