Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Polestar Automotive Holding UK PLC ADR’s stock clocked out at $1.04, up 1.96% from its previous closing price of $1.02. In other words, the price has increased by $1.96 from its previous closing price. On the day, 5.08 million shares were traded. PSNY stock price reached its highest trading level at $1.09 during the session, while it also had its lowest trading level at $1.02.
Ratios:
To gain a deeper understanding of PSNY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.38 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 1.96 whereas as Long-Term Debt/Eq ratio is at 0.80.
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 2194763776 and an Enterprise Value of 5556390912. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24. Its current Enterprise Value per Revenue stands at 2.715 whereas that against EBITDA is -3.786.
Stock Price History:
The Beta on a monthly basis for PSNY is 1.51, which has changed by -0.5497836 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, PSNY has reached a high of $2.33, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -4.60%, while the 200-Day Moving Average is calculated to be -7.04%.
Shares Statistics:
It appears that PSNY traded 5.21M shares on average per day over the past three months and 6669040 shares per day over the past ten days. A total of 467.95M shares are outstanding, with a floating share count of 467.67M. Insiders hold about 0.06% of the company’s shares, while institutions hold 15.34% stake in the company. Shares short for PSNY as of 1735603200 were 34612244 with a Short Ratio of 6.65, compared to 1732838400 on 35569921.
