Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is a stock that investors should take a bite out of.

The closing price of Polestar Automotive Holding UK PLC (NASDAQ: PSNY) was $3.35 for the day, down -2.33% from the previous closing price of $3.43. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 1531175 shares were traded. PSNY stock price reached its highest trading level at $3.4700 during the session, while it also had its lowest trading level at $3.3500.

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Our analysis of PSNY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.70.

Upgrades & Downgrades

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSNY now has a Market Capitalization of 6.91B and an Enterprise Value of 7.39B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96. Its current Enterprise Value per Revenue stands at 2.89 whereas that against EBITDA is 130.36.

Stock Price History:

Over the past 52 weeks, PSNY has reached a high of $13.36, while it has fallen to a 52-week low of $3.14. The 50-Day Moving Average of the stock is 3.6310, while the 200-Day Moving Average is calculated to be 5.4292.

Shares Statistics:

PSNY traded an average of 3.14M shares per day over the past three months and 2.67M shares per day over the past ten days. A total of 2.11B shares are outstanding, with a floating share count of 463.00M. Insiders hold about 47.97% of the company’s shares, while institutions hold 6.10% stake in the company. Shares short for PSNY as of Apr 27, 2023 were 9.86M with a Short Ratio of 9.86M, compared to 9.24M on Mar 30, 2023.

Earnings Estimates

The firm’s stock currently is rated by 1 analysts. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.17 and low estimates of -$0.17.

Analysts are recommending an EPS of between -$0.42 and -$0.5 for the fiscal current year, implying an average EPS of -$0.46. EPS for the following year is -$0.52, with 2 analysts recommending between -$0.36 and -$0.69.

Revenue Estimates

A total of 4 analysts have provided revenue estimates for PSNY’s current fiscal year. The highest revenue estimate was $3.27B, while the lowest revenue estimate was $2.8B, resulting in an average revenue estimate of $3.01B. In the same quarter a year ago, actual revenue was $2.46B, up 22.30% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $5B in the next fiscal year. The high estimate is $5.61B and the low estimate is $4B. The average revenue growth estimate for next year is up 66.20% from the average revenue estimate for this year.