Currently, there are 467.95M common shares owned by the public and among those 467.67M shares have been available to trade.
The company’s stock has a 5-day price change of 5.88% and -2.70% over the past three months. PSNY shares are trading 2.86% year to date (YTD), with the 12-month market performance down to -40.98% lower. It has a 12-month low price of $0.61 and touched a high of $2.17 over the same period. PSNY has an average intraday trading volume of 5.31 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.12%, 0.79%, and -2.21% respectively.
Institutional ownership of Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) shares accounts for 15.52% of the company’s 467.95M shares outstanding.
It has a market capitalization of $505.39M and a beta (3y monthly) value of 1.51. The earnings-per-share (ttm) stands at -$0.74. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.14% over the week and 8.06% over the month.
Earnings per share for the fiscal year are expected to decrease by -6.29%, and 28.38% over the next financial year.
BofA Securities coverage for the Polestar Automotive Holding UK PLC ADR (PSNY) stock in a research note released on December 05, 2024 offered a Neutral rating with a price target of $1.25. Deutsche Bank was of a view on September 10, 2024 that the stock is Hold, while Piper Sandler gave the stock Neutral rating on March 15, 2024, issuing a price target of $3- $2. Bernstein on their part issued Underperform rating on January 24, 2024.
