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In the latest session, Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) closed at $1.45 down -1.69% from its previous closing price of $1.48. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 6.5 million shares were traded. PSNY stock price reached its highest trading level at $1.46 during the session, while it also had its lowest trading level at $1.29.
Ratios:
For a deeper understanding of Polestar Automotive Holding UK PLC ADR’s stock, let’s take a closer look at its various 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 March 15, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $3 to $2.
On January 24, 2024, Bernstein started tracking the stock assigning a Underperform rating and target price of $1.15.Bernstein initiated its Underperform rating on January 24, 2024, with a $1.15 target price.
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 3060007424 and an Enterprise Value of 6421636096. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33. Its current Enterprise Value per Revenue stands at 3.137 whereas that against EBITDA is -4.375.
Stock Price History:
Over the past 52 weeks, PSNY has reached a high of $2.90, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is 13.90%, while the 200-Day Moving Average is calculated to be 7.06%.
Shares Statistics:
For the past three months, PSNY has traded an average of 10.02M shares per day and 4832450 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 15.70% stake in the company. Shares short for PSNY as of 1727654400 were 33624788 with a Short Ratio of 3.36, compared to 1724976000 on 38833317.
