During the last session, Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY)’s traded shares were 4.22 million, with the beta value of the company hitting 1.53. At the end of the trading day, the stock’s price was $1.03, reflecting an intraday loss of -3.74% or -$0.04. The 52-week high for the PSNY share is $2.65, that puts it down -157.28 from that peak though still a striking 40.78% gain since the share price plummeted to a 52-week low of $0.61. The company’s market capitalization is $481.99M, and the average intraday trading volume over the past 10 days was 3.5 million shares, and the average trade volume was 5.09 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 3.14. PSNY has a Sell rating from 1 analyst(s) out of 4 analysts who have looked at this stock. 2 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. Company’s earnings per share (EPS) for the current quarter are expected to be -0.15.

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

Polestar Automotive Holding UK PLC ADR (PSNY) registered a -3.74% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.74% in intraday trading to $1.03, hitting a weekly high. The stock’s 5-day price performance is -3.74%, and it has moved by -15.57% in 30 days. Based on these gigs, the overall price performance for the year is -53.60%. The short interest in Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) is 32.71 million shares and it means that shorts have 7.54 day(s) to cover.

The consensus price target of analysts on Wall Street is $1.75, which implies an increase of 41.14% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $2 respectively. As a result, PSNY is trading at a discount of -94.17% off the target high and -45.63% off the low.

Polestar Automotive Holding UK PLC ADR (PSNY) estimates and forecasts

Statistics show that Polestar Automotive Holding UK PLC ADR has outperformed its competitors in share price, compared to the industry in which it operates. Polestar Automotive Holding UK PLC ADR (PSNY) shares have gone up 43.06% during the last six months, with a year-to-date growth rate more than the industry average at 18.46% against -10.40. In the rating firms’ projections, revenue will decrease -5.49% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 534.58M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 806.7M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 613.18M and 533.22M respectively. In this case, analysts expect current quarter sales to shrink by -12.82% and then jump by 51.29% in the coming quarter.

While earnings are projected to return -0.37% in 2024, the next five years will return 24.02% per annum.

PSNY Dividends

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

The next largest institutional holding, with 11.74 million shares, is of SWEDBANK AB’s that is approximately 0.5564% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $9.24 million.