In the last trading session, 5.24 million Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) shares changed hands as the company’s beta touched 1.50. With the company’s per share price at $1.07 changed hands at -$0.03 or -2.73% during last session, the market valuation stood at $500.71M. PSNY’s last price was a discount, traded about -102.8% off its 52-week high of $2.17. The share price had its 52-week low at $0.61, which suggests the last value was 42.99% up since then.
Analysts gave the Polestar Automotive Holding UK PLC ADR (PSNY) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.60. If we narrow down to specifics, the data shows that 1 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended PSNY as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) trade information
Instantly PSNY was in red as seen at the end of in last trading. With action -4.46%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 1.90%, with the 5-day performance at -4.46% in the red. However, in the 30-day time frame, Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) is 2.88% up.
The consensus price target for the stock as assigned by Wall Street analysts is 1.5, meaning bulls need an upside of 28.67% from its current market value. According to analyst projections, PSNY’s forecast low is 1.5 with 1.5 as the target high. To hit the forecast high, the stock’s price needs a -40.19% plunge from its current level, while the stock would need to soar -40.19% for it to hit the projected low.
The 2025 estimates are for Polestar Automotive Holding UK PLC ADR earnings to decrease by -6.29%, but the outlook for the next 5-year period is at 16.78% per year.
PSNY Dividends
Polestar Automotive Holding UK PLC ADR is expected to release its next quarterly earnings report in March.
SWEDBANK AB holds the second largest percentage of outstanding shares, with 0.5563% or 11.74 million shares worth $9.24 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were First Trust Nasdaq (R) Clean Edge (R) Green Energy Index Fund and iShares Core MSCI EAFE ETF . With 2.78 shares estimated at $2.97 million under it, the former controlled 0.59% of total outstanding shares. On the other hand, iShares Core MSCI EAFE ETF held about 0.55% of the shares, roughly 2.59 shares worth around $2.77 million.
