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
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.
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.
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.
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.