Shares of Planet Fitness Inc. (PLNT) broke into a new 52-week high yesterday, hitting a peak of $71.64.
Shares closed at $70.75 after opening at $71.49 for a move of -0.7%. The company now has a market cap of $5.93 billion.
Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of
momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out
before an impending period of decline.
For Planet Fitness Inc., the new 52-week high came on volume of 2.63 million. The stock has a float of 83.86 million shares and average daily volume of $n/a. It has a
50-day SMA of $n/a and a 200-day SMA of $n/a.
For a complete fundamental analysis analysis of Planet Fitness Inc., check out Equities.com’s Stock Valuation Analysis report
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Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. It has approximately more than 8.7 million members and more than 1,200 stores in 47 states, the District of Columbia, Puerto Rico, Canada and the Dominican Republic.
Planet Fitness Inc. is based out of Hampton, NH and has some 833 employees. Its CEO is Chris Rondeau.
Planet Fitness Inc. is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest
companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.
What’s more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow
Jones Industrial Average or S&P 500.
To get more information on Planet Fitness Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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