Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) currently has a daily average trading volume of 4.36M but it saw 6193754 shares traded in last market. With a market cap of 2.35B USD, the company’s current market price of $1.14 came falling about -4.20 while comparing to the previous closing price of $1.19. 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 $1.0933, while its current price level is -41.24% below from 52-week high level whereas it is 86.85% 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 $1.0641 while that of 200 days or SMA-200 reads an average of $1.1479. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.92% during that period while stretching the period over a month that decreases to 5.88%. 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 54.62 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 -0.87% down while it is 14.00% when we observe its performance for the past one month. Year-to-date it is 8.57% up and over the past year, the stock is showing a downside performance of -8.06%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.13 while estimate for next year EPS is -0.43. In next quarter, company is expected to be making quarterly sales of $837.31M as analysts are expecting the sales for current fiscal year at $3.16B and seeing the company making $6.69B in sales next year. Moreover, analysts are in estimates of $730.29M for current-quarter revenue.
Currently, Polestar Automotive Holding UK PLC ADR’s total number of outstanding shares is 2.06B with 81.43% of that held by the insiders while 3.54% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -208.82%. Stock’s beta reads 1.48. Stock has a price to sale or P/S ratio amounts to 1.18. Its return on asset (ROA) is -34.87% on average.
