Polestar Automotive Holding UK PLC ADR (PSNY) concluded trading on Thursday at a closing price of $1.03, with 4.22 million shares of worth about $4.34 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 43.06% during that period and on December 12, 2024 the price saw a loss of about -3.74%. 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 -3.74% in past 5 days and over the past one month there was a price change of -15.57%. Year-to-date (YTD), PSNY shares are showing a performance of -54.42% which decreased to -53.60% 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 5.09 million. The stock is currently trading -6.24% below its 20-day simple moving average (SMA20), while that difference is down -16.58% for SMA50 and it goes to -14.01% lower than SMA200.
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Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) currently have 467.95M outstanding shares and institutions hold larger chunk of about 15.34% of that.
The stock has a current market capitalization of $481.99M 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 6.63% while standing at 7.74% over the month.
Stock’s fiscal year EPS is expected to drop by -0.37% while it is estimated to increase by 31.81% 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 BofA Securities on December 05, 2024 offering a Neutral rating for the stock and assigned a target price of $1.25 to it. Coverage by Deutsche Bank stated Polestar Automotive Holding UK PLC ADR (PSNY) stock as a Hold in their note to investors on September 10, 2024, suggesting a price target of $1.50 for the stock. On March 15, 2024, Piper Sandler Downgrade their recommendations, while on January 24, 2024, Bernstein Initiated their ratings for the stock with a price target of $1.15. Stock get an Overweight rating from Piper Sandler on November 01, 2023.
