Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) currently has a daily average trading volume of 4.11M but it saw 1695293 shares traded in last market. With a market cap of 505.42M USD, the company’s current market price of $1.08 came rising about 0.93 while comparing to the previous closing price of $1.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.94 and as low as $0.61.
Taking a look at 20-day trading activity of Polestar Automotive Holding UK PLC ADR (PSNY) gives us an average price of $1.0333, while its current price level is -44.33% below from 52-week high level whereas it is 77.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.0631 while that of 200 days or SMA-200 reads an average of $1.1290. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.84% during that period while stretching the period over a month that increases to 6.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.89 which implies that the stock is in neutral territory.
Deutsche Bank issued its recommendations for the stock as it resumed the price target for the stock is $1.50.
Over the week, PSNY’s stock price is moving 3.85% up while it is 16.59% when we observe its performance for the past one month. Year-to-date it is 2.86% up and over the past year, the stock is showing a downside performance of -19.40%.
Currently, Polestar Automotive Holding UK PLC ADR’s total number of outstanding shares is 467.98M with 81.43% of that held by the insiders while 4.12% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -208.82%. Stock’s beta reads 1.43. Stock has a price to sale or P/S ratio amounts to 0.25. Its return on asset (ROA) is -34.87% on average.
