Polestar Automotive Holding UK PLC ADR (PSNY) concluded trading on Wednesday at a closing price of $1.05, with 3.9 million shares of worth about $4.1 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 36.15% during that period and on December 04, 2024 the price saw a loss of about -0.94%. Currently the company’s common shares owned by public are about 467.95M shares, out of which, 467.67M shares are available for trading.
Stock saw a price change of -4.55% in past 5 days and over the past one month there was a price change of -13.93%. Year-to-date (YTD), PSNY shares are showing a performance of -53.54% which decreased to -52.91% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.61 but also hit the highest price of $2.65 during that period. The average intraday trading volume for Polestar Automotive Holding UK PLC ADR shares is 5.78 million. The stock is currently trading -7.98% below its 20-day simple moving average (SMA20), while that difference is down -20.07% for SMA50 and it goes to -13.26% lower than SMA200.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) currently have 467.95M outstanding shares and institutions hold larger chunk of about 15.35% of that.
The stock has a current market capitalization of $491.35M and its 3Y-monthly beta is at 1.53. It has posted earnings per share of -$0.66 in the same period. It has Quick Ratio of 0.38 while making debt-to-equity ratio of 1.96. 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 7.48% while standing at 7.96% over the month.
Stock’s fiscal year EPS is expected to rise by 1.21% while it is estimated to increase by 34.28% 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 Deutsche Bank on September 10, 2024 offering a Hold rating for the stock and assigned a target price of $1.50 to it. Coverage by Piper Sandler stated Polestar Automotive Holding UK PLC ADR (PSNY) stock as a Neutral in their note to investors on March 15, 2024, suggesting a price target of $2 for the stock. On January 24, 2024, Bernstein Initiated their recommendations, while on November 01, 2023, Piper Sandler Initiated their ratings for the stock with a price target of $3. Stock get an Underweight rating from Barclays on September 07, 2023.
