Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) kicked off on Tuesday, up 2.33% from the previous trading day, before settling in for the closing price of $1.29. Over the past 52 weeks, PSNY has traded in a range of $0.61-$2.65.
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Annual sales at Consumer Cyclical sector company grew by 26.90% over the past five years. While this was happening, its average annual earnings per share was recorded 1.21%. With a float of $467.67 million, this company’s outstanding shares have now reached $467.95 million.
In terms of profitability, gross margin is -22.35%, operating margin of -70.51%, and the pretax margin is -67.7%.
Polestar Automotive Holding UK PLC ADR (PSNY) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Auto Manufacturers Industry. The insider ownership of Polestar Automotive Holding UK PLC ADR is 0.06%, while institutional ownership is 15.07%.
Polestar Automotive Holding UK PLC ADR (PSNY) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported -0.14 earnings per share (EPS), lower than consensus estimate (set at -0.12) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.21% per share during the next fiscal year.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Trading Performance Indicators
Take a look at Polestar Automotive Holding UK PLC ADR’s (PSNY) current performance indicators. Last quarter, stock had a quick ratio of 0.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.66, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.37 in one year’s time.
Technical Analysis of Polestar Automotive Holding UK PLC ADR (PSNY)
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) saw its 5-day average volume 3.24 million, a negative change from its year-to-date volume of 7.76 million. As of the previous 9 days, the stock’s Stochastic %D was 34.09%. Additionally, its Average True Range was 0.13.
During the past 100 days, Polestar Automotive Holding UK PLC ADR’s (PSNY) raw stochastic average was set at 53.38%, which indicates a significant increase from 30.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.39% in the past 14 days, which was lower than the 114.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3573, while its 200-day Moving Average is $1.3208. Nevertheless, the first resistance level for the watch stands at $1.3767 in the near term. At $1.4333, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.4967. If the price goes on to break the first support level at $1.2567, it is likely to go to the next support level at $1.1933. Assuming the price breaks the second support level, the third support level stands at $1.1367.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Key Stats
The company with the Market Capitalisation of 617.69 million has total of 2,134,911K Shares Outstanding. Its annual sales at the moment are 2,379 M in contrast with the sum of -1,195 M annual income. Company’s last quarter sales were recorded 534,120 K and last quarter income was -726,430 K.
