In the last trading session, 3.74 million shares of the Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) were traded, and its beta was 1.48. Most recently the company’s share price was $1.38, and it changed around $0.05 or 3.76% from the last close, which brings the market valuation of the company to $645.77M. PSNY currently trades at a discount to its 52-week high of $2.65, offering almost -92.03% off that amount. The share price’s 52-week low was $0.61, which indicates that the current value has risen by an impressive 55.8% since then. We note from Polestar Automotive Holding UK PLC ADR’s average daily trading volume that its 10-day average is 3.87 million shares, with the 3-month average coming to 8.89 million.
Polestar Automotive Holding UK PLC ADR stock received a consensus recommendation rating of Underweight, based on a mean score of 2.88. 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 3.76% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.3900 on recent trading dayincreased the stock’s daily price by 0.72%. The company’s shares are currently down -38.94% year-to-date, but still up 6.98% over the last five days. On the other hand, Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) is -24.59% down in the 30-day period. We can see from the shorts that 33.62 million shares have been sold at a short interest cover period of 5.12 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 54.0% from its current value. Analyst projections state that PSNY is forecast to be at a low of $1.5 and a high of $10.
Polestar Automotive Holding UK PLC ADR (PSNY) estimates and forecasts
Polestar Automotive Holding UK PLC ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 12.20 percent over the past six months and at a 18.46% annual growth rate that is well above the industry average of -7.30%.
Polestar Automotive Holding UK PLC ADR earnings are expected to increase by 1.21% 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 November.
ALECTA TJANSTEPENSION OMSESIDIGT, with 0.2808% or 5.92 million shares worth $4.65 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
