Polestar Automotive Holding UK PLC ADR [NASDAQ: PSNY] surged by $0.04 during the normal trading session on while it closed the day at $1.08.
Polestar Automotive Holding UK PLC ADR stock has also gained 5.88% of its value over the past 7 days. However, PSNY stock has declined by -2.70% in the 3 months of the year. Over the past six months meanwhile, it has gained 56.41% and gained 2.86% year-on date.
The market cap for PSNY stock reached $505.39 million, with 467.95 million shares outstanding and 467.67 million shares in the current float. Compared to the average trading volume of 5.31M shares, PSNY reached a trading volume of 5063795 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $1.39 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 3.60. 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.
Cantor Fitzgerald have made an estimate for Polestar Automotive Holding UK PLC ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, BofA Securities raised their target price to Neutral. The new note on the price target was released on December 05, 2024, representing the official price target for Polestar Automotive Holding UK PLC ADR stock. Previously, the target price had yet another raise to $1.50, while Deutsche Bank analysts kept a Hold rating on PSNY stock. On March 15, 2024, analysts decreased their price target for PSNY shares from 3 to 2.
The Average True Range (ATR) for Polestar Automotive Holding UK PLC ADR is set at 0.08, with the Price to Sales ratio for PSNY stock in the period of the last 12 months amounting to 0.25.
PSNY stock trade performance evaluation
Polestar Automotive Holding UK PLC ADR [PSNY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.88. With this latest performance, PSNY shares dropped by -1.82% in over the last four-week period, additionally plugging by 56.41% over the last 6 months – not to mention a drop of -40.98% 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 51.22, with the RSI for the last a single of trading hit 54.22, and the three-weeks RSI is set at 49.80 for Polestar Automotive Holding UK PLC ADR [PSNY]. The present Moving Average for the last 50 days of trading for this stock 1.0715, while it was recorded at 1.0360 for the last single week of trading, and 1.1044 for the last 200 days.
Polestar Automotive Holding UK PLC ADR [PSNY]: An insightful look at the core 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 per share (EPS) analysis for Polestar Automotive Holding UK PLC ADR [PSNY] stock
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 16.78%.
Polestar Automotive Holding UK PLC ADR [PSNY]: Institutional Ownership
The top three institutional holders of PSNY stocks are: AMF TJANSTEPENSION AB with ownership of 21.97 million shares, which is approximately 1.041%. SWEDBANK AB, holding 11.74 million shares of the stock with an approximate value of $$9.24 million in PSNY stocks shares; and SWEDBANK AB, currently with $$4.65 million in PSNY stock with ownership which is approximately 0.2808%.
