You Should Look At The Stock Forecast For Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY).

In the last trading session, 14.24 million shares of the Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) were traded, and its beta was 1.29. Most recently the company’s share price was $0.70, and it changed around $0.0 or 0.29% from the last close, which brings the market valuation of the company to $328.92M. PSNY currently trades at a discount to its 52-week high of $4.96, offering almost -608.57% off that amount. The share price’s 52-week low was $0.68, which indicates that the current value has risen by an impressive 2.86% since then. We note from Polestar Automotive Holding UK PLC ADR’s average daily trading volume that its 3-month average coming to 6.83 million.

Polestar Automotive Holding UK PLC ADR stock received a consensus recommendation rating of Underweight, based on a mean score of 2.43. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended PSNY as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight.

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

Instantly PSNY has showed a green trend with a performance of 0.29% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -68.90% year-to-date, but still down -2.38% over the last five days. On the other hand, Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) is -26.01% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $5.5, which translates to bulls needing to increase their stock price by 87.27% from its current value. Analyst projections state that PSNY is forecast to be at a low of $2 and a high of $10.

Polestar Automotive Holding UK PLC ADR earnings are expected to increase by -38.38% in 2024, but the outlook is negative -13.54% per year for the next five years.

PSNY Dividends

Polestar Automotive Holding UK PLC ADR’s next quarterly earnings report is expected to be released in July.