A new trading day began on Monday, with Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) stock price up 4.14% from the previous day of trading, before settling in for the closing price of $0.52. PSNY’s price has ranged from $0.52 to $1.42 over the past 52 weeks.
During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -2.66%. Meanwhile, its annual earnings per share averaged 32.03%. With a float of $2.28 billion, this company’s outstanding shares have now reached $2.28 billion.
Polestar Automotive Holding UK PLC ADR (PSNY) Breakdown of a Key Holders of the stock
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 0.00%, while institutional ownership is 2.79%.
Polestar Automotive Holding UK PLC ADR (PSNY) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 32.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.25% during the next five years compared to -2.66% drop over the previous five years of trading.
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 0.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.28, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.53 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 16.49 million, which is a jump from its year-to-date volume of 4.54 million. As of the previous 9 days, the stock’s Stochastic %D was 6.54%.
During the past 100 days, Polestar Automotive Holding UK PLC ADR’s (PSNY) raw stochastic average was set at 4.66%, which indicates a significant decrease from 11.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0602 in the past 14 days, which was higher than the 0.0517 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8763, while its 200-day Moving Average is $1.0320. However, in the short run, Polestar Automotive Holding UK PLC ADR’s stock first resistance to watch stands at $0.5628. Second resistance stands at $0.5799. The third major resistance level sits at $0.6098. If the price goes on to break the first support level at $0.5158, it is likely to go to the next support level at $0.4859. Now, if the price goes above the second support level, the third support stands at $0.4688.
Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Key Stats
With a market capitalization of 1.24 billion, the company has a total of 2,144,342K Shares Outstanding. Currently, annual sales are 2,034 M while annual income is -2,050 M. The company’s previous quarter sales were 534,120 K while its latest quarter income was -726,430 K.
