Market Recap: Polestar Automotive Holding UK PLC ADR (PSNY)’s Negative Momentum, Closing at 1.1

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

The closing price of Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) was $1.1 for the day, down -0.90% from the previous closing price of $1.11. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 2.03 million shares were traded. PSNY stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $1.0838.

Ratios:

Our analysis of PSNY’s different ratios will help us gain a deeper understanding of the company. 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 2321384960 and an Enterprise Value of 6700943872. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14. Its current Enterprise Value per Revenue stands at 3.294 whereas that against EBITDA is -3.791.

Stock Price History:

The Beta on a monthly basis for PSNY is 1.43, which has changed by 0.39771283 over the last 52 weeks, in comparison to a change of 0.12463009 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 2.68%, while the 200-Day Moving Average is calculated to be -5.65%.

Shares Statistics:

PSNY traded an average of 3.68M shares per day over the past three months and 3323250 shares per day over the past ten 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 3.49% stake in the company. Shares short for PSNY as of 1749772800 were 44143877 with a Short Ratio of 11.99, compared to 1747267200 on 42309874.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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