A new trading day began on Friday, with Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) stock price up 3.60% from the previous day of trading, before settling in for the closing price of $1.11. PSNY’s price has ranged from $0.61 to $2.33 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 190.04% over the last five years. Meanwhile, its annual earnings per share averaged -2.39%. 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 Activity
As we move forward, let’s examine how large-scale investors are investing 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 15.43%.
Polestar Automotive Holding UK PLC ADR (PSNY) Earnings and Forecasts
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 -2.39% per share during the next fiscal year.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Trading Performance Indicators
Here are Polestar Automotive Holding UK PLC ADR’s current performance indicators. According to the last quarter’s results, the 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 0.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.66, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.39 in one year’s time.
Technical Analysis of Polestar Automotive Holding UK PLC ADR (PSNY)
Analysing the last 5-days average volume posted by the [Polestar Automotive Holding UK PLC ADR, PSNY], we can find that recorded value of 6.38 million was better than the volume posted last year of 5.91 million. As of the previous 9 days, the stock’s Stochastic %D was 43.06%. 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 30.09%, which indicates a significant decrease from 71.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.98% in the past 14 days, which was lower than the 97.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1090, while its 200-day Moving Average is $1.1401. Now, the first resistance to watch is $1.1867. This is followed by the second major resistance level at $1.2233. The third major resistance level sits at $1.2667. If the price goes on to break the first support level at $1.1067, it is likely to go to the next support level at $1.0633. Should the price break the second support level, the third support level stands at $1.0267.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Key Stats
With a market capitalization of 538.14 million, the company has a total of 2,135,210K Shares Outstanding. Currently, annual sales are 2,379 M while annual income is -1,195 M. The company’s previous quarter sales were 534,120 K while its latest quarter income was -726,430 K.
