The $0.90 Is The Price At Which Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Deserves Consideration

During the last session, Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY)’s traded shares were 13.02 million, with the beta value of the company hitting 1.36. At the end of the trading day, the stock’s price was $0.90, reflecting an intraday loss of -7.02% or -$0.07. The 52-week high for the PSNY share is $4.78, that puts it down -431.11 from that peak though still a striking 27.78% gain since the share price plummeted to a 52-week low of $0.65. The company’s market capitalization is $421.15M, and the average trade volume was 11.63 million shares over the past three months.

Polestar Automotive Holding UK PLC ADR (PSNY) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.29. PSNY has a Sell rating from 1 analyst(s) out of 5 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight.

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

Polestar Automotive Holding UK PLC ADR (PSNY) registered a -7.02% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.02% in intraday trading to $0.90, hitting a weekly high. The stock’s 5-day price performance is -2.78%, and it has moved by 6.77% in 30 days. Based on these gigs, the overall price performance for the year is -80.81%.

The extremes of the forecast give a target low and a target high price of $2 and $10 respectively. As a result, PSNY is trading at a discount of -1011.11% off the target high and -122.22% off the low.

While earnings are projected to return -18.42% in 2024, the next five years will return -13.54% per annum.

PSNY Dividends

Polestar Automotive Holding UK PLC ADR is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY)’s Major holders