Polestar Automotive Holding UK PLC ADR (PSNY) concluded trading on Wednesday at a closing price of $1.11, with 3.1 million shares of worth about $3.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -38.67% during that period and on Wednesday the price saw a gain of about 0.91%. 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 -1.77% in past 5 days and over the past one month there was a price change of -0.89%. Year-to-date (YTD), PSNY shares are showing a performance of 5.71% which decreased to -31.90% 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 $1.94 during that period. The average intraday trading volume for Polestar Automotive Holding UK PLC ADR shares is 5.41 million. The stock is currently trading -0.72% below its 20-day simple moving average (SMA20), while that difference is up 0.94% for SMA50 and it goes to 1.53% higher than SMA200.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) currently have 467.95M outstanding shares and institutions hold larger chunk of about 17.73% of that.
The stock has a current market capitalization of $519.42M and its 3Y-monthly beta is at 1.41. It has posted earnings per share of -$0.74 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 4.55% while standing at 6.30% over the month.
Analysts are in expectations that Polestar Automotive Holding UK PLC ADR (PSNY) stock would likely to be making an EPS of -0.13 in the current quarter, while forecast for next quarter EPS is -0.15 and it is -0.4 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.13 which is -0.12 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.15 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -6.29% while it is estimated to increase by 28.38% in next year.
Coverage by BofA Securities stated Polestar Automotive Holding UK PLC ADR (PSNY) stock as a Neutral in their note to investors on December 05, 2024, suggesting a price target of $1.25 for the stock. On September 10, 2024, Deutsche Bank Resumed their recommendations, while on March 15, 2024, Piper Sandler Downgrade their ratings for the stock with a price target of $2. Stock get an Underperform rating from Bernstein on January 24, 2024.
