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Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) closed the day trading at $14.11 down -22.85% from the previous closing price of $18.29. In other words, the price has decreased by -$22.85 from its previous closing price. On the day, 1.43 million shares were traded. PSNY stock price reached its highest trading level at $17.52 during the session, while it also had its lowest trading level at $12.5.
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 29903208448 and an Enterprise Value of 34830139392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42. Its current Enterprise Value per Revenue stands at 13.672 whereas that against EBITDA is -20.507.
Stock Price History:
The Beta on a monthly basis for PSNY is 1.36, which has changed by -0.4080906 over the last 52 weeks, in comparison to a change of 0.13042927 over the same period for the S&P500. Over the past 52 weeks, PSNY has reached a high of $42.60, while it has fallen to a 52-week low of $15.09. The 50-Day Moving Average of the stock is -37.15%, while the 200-Day Moving Average is calculated to be -52.50%.
Shares Statistics:
Over the past 3-months, PSNY traded about 166.67K shares per day on average, while over the past 10 days, PSNY traded about 129932 shares per day. A total of 76.00M shares are outstanding, with a floating share count of 75.95M. Insiders hold about 0.06% of the company’s shares, while institutions hold 2.79% stake in the company. Shares short for PSNY as of 1764288000 were 1342725 with a Short Ratio of 8.06, compared to 1761868800 on 1190173.
