Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) on Monday, soared 4.67% from the previous trading day, before settling in for the closing price of $1.07. Within the past 52 weeks, PSNY’s price has moved between $0.61 and $1.94.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 190.04%. The company achieved an average annual earnings per share of -6.29%. 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
Observing investor behavior towards Auto Manufacturers industry stocks is more important than anything else. The insider ownership of Polestar Automotive Holding UK PLC ADR is 0.06%, while institutional ownership is 17.73%.
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 -6.29% per share during the next fiscal year.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Trading Performance Indicators
Polestar Automotive Holding UK PLC ADR (PSNY) is currently performing well based on its current performance indicators. A quick ratio of 0.38 was reported for the most recent quarter. 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 -0.74, 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)
Looking closely at Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY), its last 5-days average volume was 3.44 million, which is a drop from its year-to-date volume of 5.32 million. As of the previous 9 days, the stock’s Stochastic %D was 20.72%. Additionally, its Average True Range was 0.06.
During the past 100 days, Polestar Automotive Holding UK PLC ADR’s (PSNY) raw stochastic average was set at 50.00%, which indicates a significant increase from 31.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.77% in the past 14 days, which was lower than the 68.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0981, while its 200-day Moving Average is $1.0979. However, in the short run, Polestar Automotive Holding UK PLC ADR’s stock first resistance to watch stands at $1.1359. Second resistance stands at $1.1517. The third major resistance level sits at $1.1747. If the price goes on to break the first support level at $1.0971, it is likely to go to the next support level at $1.0741. Should the price break the second support level, the third support level stands at $1.0583.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Key Stats
Market capitalization of the company is 524.10 million based on 2,135,210K outstanding shares. Right now, sales total 2,379 M and income totals -1,195 M. The company made 534,120 K in profit during its latest quarter, and -726,430 K in sales during its previous quarter.
