Market Recap Check: Polestar Automotive Holding UK PLC ADR (PSNY)’s Positive Finish at 1.08, Up/Down 0.93

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The price of Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) closed at $1.08 in the last session, up 0.93% from day before closing price of $1.07. In other words, the price has increased by $0.93 from its previous closing price. On the day, 1.47 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 $1.06.

Ratios:

We take a closer look at PSNY’s different ratios to gain a better understanding of the stock. 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 2288833280 and an Enterprise Value of 6658737152. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12. Its current Enterprise Value per Revenue stands at 3.273 whereas that against EBITDA is -3.767.

Stock Price History:

The Beta on a monthly basis for PSNY is 1.41, which has changed by 0.29341316 over the last 52 weeks, in comparison to a change of 0.15005577 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 $0.72. The 50-Day Moving Average of the stock is 0.33%, while the 200-Day Moving Average is calculated to be -0.64%.

Shares Statistics:

According to the various share statistics, PSNY traded on average about 3.38M shares per day over the past 3-months and 2142110 shares per day over the past 10 days. 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 3.40% stake in the company. Shares short for PSNY as of 1753920000 were 42598834 with a Short Ratio of 12.62, compared to 1751241600 on 43347989.

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