Polestar Automotive Holding UK PLC ADR (PSNY) concluded trading on Wednesday at a closing price of $1.56, with 6.47 million shares of worth about $10.1 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -55.93% during that period and on Wednesday the price saw a loss of about -6.59%. Currently the company’s common shares owned by public are about 467.68M shares, out of which, 467.67M shares are available for trading.
However, the stock later moved at a day high price of 1.7150, or with a loss of -6.59%. Stock saw a price change of -6.59% in past 5 days and over the past one month there was a price change of -25.36%. Year-to-date (YTD), PSNY shares are showing a performance of -30.97% which decreased to -71.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.59 but also hit the highest price of $5.62 during that period. The average intraday trading volume for Polestar Automotive Holding UK PLC ADR shares is 2.95 million. The stock is currently trading -18.17% below its 20-day simple moving average (SMA20), while that difference is down -24.63% for SMA50 and it goes to -46.83% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) currently have 467.68M outstanding shares and institutions hold larger chunk of about 4.74% of that.
The stock has a current market capitalization of $730.00M and its 3Y-monthly beta is at 1.59. It has posted earnings per share of -$0.35 in the same period. It has Quick Ratio of 0.33. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PSNY, volatility over the week remained 5.98% while standing at 7.45% over the month.
Analysts are in expectations that Polestar Automotive Holding UK PLC ADR (PSNY) stock would likely to be making an EPS of -$0.15 in the current quarter, while forecast for next quarter EPS is -$0.12 and it is -$0.45 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.17 which is -$0.14 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 8.31% while it is estimated to decrease by -4.99% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Bernstein on January 24, 2024 offering an Underperform rating for the stock and assigned a target price of $1.15 to it. Coverage by Piper Sandler stated Polestar Automotive Holding UK PLC ADR (PSNY) stock as an Overweight in their note to investors on November 01, 2023, suggesting a price target of $3 for the stock. On September 07, 2023, Barclays Downgrade their recommendations, while on August 01, 2023, R. F. Lafferty Initiated their ratings for the stock with a price target of $9. Stock get a Neutral rating from Citigroup on July 21, 2023.
