On Friday, Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) opened higher 3.64% from the last session, before settling in for the closing price of $1.10. Price fluctuations for PSNY have ranged from $0.61 to $2.65 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 26.90%. Company’s average yearly earnings per share was noted 1.21% at the time writing. 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
A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of Polestar Automotive Holding UK PLC ADR is 0.06%, while institutional ownership is 15.32%.
Polestar Automotive Holding UK PLC ADR (PSNY) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.15 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.16) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 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
Check out the current performance indicators for Polestar Automotive Holding UK PLC ADR (PSNY). In the past quarter, the stock posted a quick ratio of 0.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26.
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)
The latest stats from [Polestar Automotive Holding UK PLC ADR, PSNY] show that its last 5-days average volume of 4.75 million was inferior to 7.37 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.42%. Additionally, its Average True Range was 0.10.
During the past 100 days, Polestar Automotive Holding UK PLC ADR’s (PSNY) raw stochastic average was set at 39.85%, which indicates a significant decrease from 50.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.05% in the past 14 days, which was lower than the 103.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3909, while its 200-day Moving Average is $1.2326. Now, the first resistance to watch is $1.2133. This is followed by the second major resistance level at $1.2867. The third major resistance level sits at $1.3433. If the price goes on to break the first support level at $1.0833, it is likely to go to the next support level at $1.0267. Assuming the price breaks the second support level, the third support level stands at $0.9533.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Key Stats
There are currently 2,135,210K shares outstanding in the company with a market cap of 533.46 million. Presently, the company’s annual sales total 2,379 M according to its annual income of -1,195 M. Last quarter, the company’s sales amounted to 534,120 K and its income totaled -726,430 K.
