On Friday, Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) opened higher 0.46% from the last session, before settling in for the closing price of $1.09. Price fluctuations for PSNY have ranged from $0.61 to $2.33 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 190.04%. Company’s average yearly earnings per share was noted -6.14% 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 Activity
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 15.36%.
Polestar Automotive Holding UK PLC ADR (PSNY) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.14% 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 0.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.74, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach -0.43 in one year’s time.
Technical Analysis of Polestar Automotive Holding UK PLC ADR (PSNY)
Compared to the last year’s volume of 6.5 million, its volume of 7.2 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 45.00%. 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 22.02%, which indicates a significant decrease from 29.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.04% in the past 14 days, which was lower than the 98.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1051, while its 200-day Moving Average is $1.1294. Nevertheless, the first resistance level for the watch stands at $1.1067 in the near term. At $1.1233, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1517. If the price goes on to break the first support level at $1.0617, it is likely to go to the next support level at $1.0333. Should the price break the second support level, the third support level stands at $1.0167.
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 510.07 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.
