In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) closed the day trading at $1.06 down -2.75% from the previous closing price of $1.09. In other words, the price has decreased by -$2.75 from its previous closing price. On the day, 4.48 million shares were traded. PSNY stock price reached its highest trading level at $1.1 during the session, while it also had its lowest trading level at $1.06.
Ratios:
For a better understanding of PSNY, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 2246447360 and an Enterprise Value of 6616529920. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10. Its current Enterprise Value per Revenue stands at 3.253 whereas that against EBITDA is -3.743.
Stock Price History:
The Beta on a monthly basis for PSNY is 1.41, which has changed by 0.44217682 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, PSNY has reached a high of $1.94, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -2.74%, while the 200-Day Moving Average is calculated to be -4.06%.
Shares Statistics:
Over the past 3-months, PSNY traded about 3.84M shares per day on average, while over the past 10 days, PSNY traded about 3708940 shares per day. A total of 2.06B shares are outstanding, with a floating share count of 2.06B. Insiders hold about 0.06% of the company’s shares, while institutions hold 3.32% stake in the company. Shares short for PSNY as of 1752537600 were 43347989 with a Short Ratio of 11.00, compared to 1749772800 on 44143877.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
