Buy, Sell Or Hold Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) At $0.84?

In last trading session, Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) saw 22.75 million shares changing hands with its beta currently measuring 1.34. Company’s recent per share price level of $0.84 trading at -$0.08 or -8.95% at ring of the bell on the day assigns it a market valuation of $393.12M. That closing price of PSNY’s stock is at a discount of -490.48% from its 52-week high price of $4.96 and is indicating a discount of -8.33% from its 52-week low price of $0.91. Taking a look at company’s average trading volume volume of 4.40 million if we extend that period to 3-months.

Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) trade information

Upright in the red during last session for losing -8.95%, in the last five days PSNY remained trading in the red while hitting it’s week-highest on Friday, 05/17/24 when the stock touched $0.84 price level, adding 34.88% to its value on the day. Polestar Automotive Holding UK PLC ADR’s shares saw a change of -62.83% in year-to-date performance and have moved -34.37% in past 5-day. Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) showed a performance of -32.25% in past 30-days.

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In 2024, company’s earnings growth rate is likely to be around -36.86% while estimates for its earnings growth in next 5 years are of -13.54%.

PSNY Dividends

Polestar Automotive Holding UK PLC ADR is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.