(VIANEWS) – Shares of Palantir (NYSE: PLTR) slid by a staggering 20.67% in 10 sessions from $10.1 to $8.01 at 11:23 EST on Thursday, after five consecutive sessions in a row of losses. NYSE is rising 0.17% to $15,557.12, after five consecutive sessions in a row of losses.
Palantir’s last close was $8.36, 70.54% under its 52-week high of $28.38.
About Palantir
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company provides palantir gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers palantir foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides apollo, a software that enables customers to deploy their own software virtually in any environment. Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado.
Earnings Per Share
As for profitability, Palantir has a trailing twelve months EPS of $-0.28.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -23.89%.
Volume
Today’s last reported volume for Palantir is 26101027 which is 41.61% below its average volume of 40432000.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Palantir’s stock is considered to be overbought (>=80).
More news about Palantir (PLTR).
