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Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) closed the day trading at $0.63 down -7.05% from the previous closing price of $0.67. In other words, the price has decreased by -$7.05 from its previous closing price. On the day, 11.42 million shares were traded. PSNY stock price reached its highest trading level at $0.69 during the session, while it also had its lowest trading level at $0.615.
On December 05, 2024, BofA Securities started tracking the stock assigning a Neutral rating and target price of $1.25.
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 1327524480 and an Enterprise Value of 6254452736. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56. Its current Enterprise Value per Revenue stands at 2.455 whereas that against EBITDA is -3.682.
Stock Price History:
The Beta on a monthly basis for PSNY is 1.36, which has changed by -0.41896552 over the last 52 weeks, in comparison to a change of 0.1476624 over the same period for the S&P500. Over the past 52 weeks, PSNY has reached a high of $1.42, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is -30.06%, while the 200-Day Moving Average is calculated to be -39.59%.
Shares Statistics:
Over the past 3-months, PSNY traded about 4.75M shares per day on average, while over the past 10 days, PSNY traded about 7672060 shares per day. A total of 2.28B shares are outstanding, with a floating share count of 2.28B. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.92% stake in the company. Shares short for PSNY as of 1761868800 were 37289391 with a Short Ratio of 7.52, compared to 1759190400 on 36615795.
Earnings Estimates
The dynamic stock of Polestar Automotive Holding UK PLC ADR (PSNY) is currently being evaluated by a team of 1 analysts, each contributing to its current rating.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 -$0.55 and -$0.55 for the fiscal current year, implying an average EPS of -$0.55. EPS for the following year is -$0.42, with 2.0 analysts recommending between -$0.29 and -$0.55.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $749.2M. There is a high estimate of $749.2M for the next quarter, whereas the lowest estimate is $749.2M.
A total of 2 analysts have provided revenue estimates for PSNY’s current fiscal year. The highest revenue estimate was $2.99B, while the lowest revenue estimate was $2.99B, resulting in an average revenue estimate of $2.99B. In the same quarter a year ago, actual revenue was $2.03BBased on 2 analysts’ estimates, the company’s revenue will be $4.31B in the next fiscal year. The high estimate is $4.43B and the low estimate is $4.2B.
