Polestar Automotive Holding UK PLC ADR [NASDAQ: PSNY] traded at a low on Tuesday, posting a -7.93 loss after which it closed the day’ session at $1.51.
The results of the trading session contributed to over 5559763 shares changing hands. Over the past one week, the price volatility of Polestar Automotive Holding UK PLC ADR stands at 6.57% while the volatility over the past one month is 9.13%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for PSNY stock reached $706.60 million, with 467.95 million shares outstanding and 467.67 million shares in the current float. Compared to the average trading volume of 10.70M shares, PSNY reached a trading volume of 5559763 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Polestar Automotive Holding UK PLC ADR [PSNY]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PSNY shares is $1.96 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PSNY stock is a recommendation set at 2.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for Polestar Automotive Holding UK PLC ADR shares, keeping their opinion on the stock as Hold, with their previous recommendation back on September 10, 2024. While these analysts kept the previous recommendation, Piper Sandler dropped their target price from $3 to $2. The new note on the price target was released on March 15, 2024, representing the official price target for Polestar Automotive Holding UK PLC ADR stock. Previously, the target price had yet another raise to $1.15, while Bernstein analysts kept a Underperform rating on PSNY stock.
The Average True Range (ATR) for Polestar Automotive Holding UK PLC ADR is set at 0.14, with the Price to Sales ratio for PSNY stock in the period of the last 12 months amounting to 0.34.
How has PSNY stock performed recently?
Polestar Automotive Holding UK PLC ADR [PSNY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.22. With this latest performance, PSNY shares gained by 1.34% in over the last four-week period, additionally sinking by -8.48% over the last 6 months – not to mention a drop of -43.23% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PSNY stock in for the last two-week period is set at 48.84, with the RSI for the last a single of trading hit 40.49, and the three-weeks RSI is set at 52.76 for Polestar Automotive Holding UK PLC ADR [PSNY]. The present Moving Average for the last 50 days of trading for this stock 1.2259, while it was recorded at 1.6480 for the last single week of trading, and 1.3676 for the last 200 days.
Polestar Automotive Holding UK PLC ADR [PSNY]: Deeper insight into the fundamentals
Polestar Automotive Holding UK PLC ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.38 and a Current Ratio set at 0.72.
Earnings analysis for Polestar Automotive Holding UK PLC ADR [PSNY]
With the latest financial reports released by the company, Polestar Automotive Holding UK PLC ADR posted -0.14/share EPS, while the average EPS was predicted by analysts to be reported at -0.12/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PSNY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Polestar Automotive Holding UK PLC ADR go to -13.54%.
Insider trade positions for Polestar Automotive Holding UK PLC ADR [PSNY]
The top three institutional holders of PSNY stocks are: SWEDBANK AB with ownership of 11.74 million shares, which is approximately 0.5564%. ALECTA TJANSTEPENSION OMSESIDIGT, holding 5.92 million shares of the stock with an approximate value of $$4.65 million in PSNY stocks shares; and ALECTA TJANSTEPENSION OMSESIDIGT, currently with $$3.44 million in PSNY stock with ownership which is approximately 0.207%.
