(PL) Planet Labs PBC - Ratings and Ratios

Planet Labs PBC (NYSE:PL) is a leading provider of geospatial data solutions, operating a fleet of small satellites in low Earth orbit to capture high-resolution imagery of the planet. The companys constellation of satellites enables daily monitoring of Earths surface, providing customers with timely and actionable data. Its cloud-based platform offers a range of tools, including tasking, archive access, APIs, and analytic feeds, allowing users to integrate geospatial data into their workflows. Planet Labs serves diverse industries such as agriculture, energy, forestry, finance, insurance, and government, helping them make informed decisions through its proprietary data catalog. The companys Tanager hyperspectral imaging satellites add another layer of detail, capturing full-spectrum imagery across the visible and shortwave infrared regions for advanced analysis. Founded in 2010 and headquartered in San Francisco, Planet Labs has established itself as a key player in the Earth observation sector, leveraging its technology to drive innovation in monitoring and analytics.

From a technical standpoint, Planet Labs stock (NYSE:PL) is currently trading at $3.51, with a 20-day moving average of $3.26 and a 50-day moving average of $3.74. The stocks average true range (ATR) of 0.32 indicates moderate volatility. On the fundamental side, the company has a market capitalization of $976.27M, with a price-to-book (P/B) ratio of 2.21 and a price-to-sales (P/S) ratio of 4.00. The return on equity (RoE) stands at -27.92, reflecting ongoing profitability challenges. Based on these metrics, the stock may face resistance near the 50-day moving average of $3.74, while support could emerge around the 20-day moving average of $3.26. The high P/S ratio and negative RoE suggest investor caution, though the companys strategic position in the growing Earth observation market could support long-term growth.