Planet Fitness, Inc. (PLNT) has seen some recent volatility in the stock market and its stock closed at $60.40 yesterday. People are starting to take interest of PLNT as the stock traded as high as $61.76 and as low as $55.14 in the previous trading day.
Planet Fitness, Inc. (PLNT) average trading volume is 2.91M. However, in the previous trading day Planet Fitness, Inc. (PLNT) traded 3,940,896 shares. The first support level on PLNT is $58.06 and the first upside resistance level on PLNT is $87.31. PLNT 50day moving average is $50.01 and PLNT 200day moving average is $66.91.
Planet Fitness, Inc. (PLNT) current performance has been specified by the recent movement in PLNT stock. PLNT has performed 41.92% over the past month, PLNT has performed -26.04% over the past 90 days and PLNT has shown -18.59% over the past 12 months. Planet Fitness, Inc. (PLNT) has a 12 month range of $23.77 to $88.77. Planet Fitness, Inc. (PLNT) is trading 154.10% from its 12 month low and -31.96% from its 12 month high. Planet Fitness, Inc. (PLNT) is showing a 8.98% short float showing the amount short in the float.
PLNT has 90.49M shares outstanding and 77.75M shares in the float. Planet Fitness, Inc. (PLNT) currently has a market cap of $5.47B and income of $117.70M. The EPS next quarter for PLNT is 0.35 and projected EPS net year is 67.60%. The market cap of Planet Fitness, Inc. (PLNT) at $5.47B represents how many People own shares of PLNT and is based off the last price ($60.40) of PLNT and the amount of shares outstanding (90.49M) with Planet Fitness, Inc. (PLNT).
Planet Fitness, Inc. (PLNT) has aggregate cash (mrq) of 547.49M, aggregate cash per share (mrq) of 6.34, aggregate debt of PLNT rests at 1.93B and aggregate debt/equity (mrq) is N/A. Planet Fitness, Inc. (PLNT) operational cash flow (ttm) is 219.5M and PLNT leveraged free cash flow (ttm) is 108.56M.
PLNT is trading 7.38% above (bullish) its SMA20, 11.97% above (bullish) its SMA50 and -9.60% below (bearish) its SMA200.
In recent news, on May 5, 2020, it was announced, Planet Fitness, Inc. Announces First Quarter 2020 Results and Provides COVID-19 Update. In this news it stated, HAMPTON, N.H.Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2020 and provided a further update on its response to COVID-19. “We entered 2020 with very good momentum and the new fiscal year got off to a strong start,” said Chris Rondeau, Chief Executive Officer. “The outbreak of COVID-19 in the U.S. has significantly disrupted our business as well as everyday life. In an effort to protect our members, team members and communities, we and our franchisees made the decision to temporarily close all Planet Fitness stores mid-March. We also took several actions to further strengthen our financial liquidity and flexibility during these unprecedented times. We are working closely with our franchisees and assessing recommendations from state and local governments and health authorities on plans for safely reopening our stores. While there is still uncertainty about the ultimate impact COVID-19 will have on our industry and the overall economy, I am confident that Planet Fitness will emerge from this period well-positioned to further expand its leadership role in the fitness industry.”
About Planet Fitness, Inc. (PLNT):
Planet Fitness, headquartered in Hampton, NH, was formed in 1992. It is one of the leading franchisors and operators of fitness centers in the United States. As of Dec 31, 2019, the company had more than 14.