Look For Institutional Buying In Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY)

Polestar Automotive Holding UK PLC ADR (PSNY) concluded trading on Thursday at a closing price of $0.97, with 5.08 million shares of worth about $4.93 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -35.78% during that period and on April 10, 2025 the price saw a loss of about -6.76%. 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 -4.93% in past 5 days and over the past one month there was a price change of -14.19%. Year-to-date (YTD), PSNY shares are showing a performance of -7.65% which decreased to -41.23% 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 5.00 million. The stock is currently trading -7.89% below its 20-day simple moving average (SMA20), while that difference is down -10.42% for SMA50 and it goes to -13.11% lower than SMA200.

Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) currently have 467.95M outstanding shares and institutions hold larger chunk of about 17.72% of that.

The stock has a current market capitalization of $453.77M and its 3Y-monthly beta is at 1.41. It has posted earnings per share of -$0.74 in the same period. It has a debt-to-equity ratio of 0.00. 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 15.35% while standing at 6.91% over the month.

Stock’s fiscal year EPS is expected to rise by 28.87% while it is estimated to increase by 24.28% in next year. EPS is likely to grow at an annualized rate of 13.12% for next 5-years, compared to annual growth of 10.12% made by the stock over the past 5-years.

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.

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