Right Now, Here’s How You Can Trade Polestar Automotive Holding UK PLC ADR (PSNY) Aggressively

Currently, Polestar Automotive Holding UK PLC ADR’s (PSNY) stock is trading at $1.01, marking a gain of 13.52% from last night’s close. At this price, the stock is -74.21% below its 52-week high of $3.92 and 65.55% above its 52-week low of $0.61. Based on the past 30-day period, the stock price is -3.37% below the high and +59.97% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, PSNY’s SMA-200 is $1.4661.

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As well, it is important to consider PSNY stock ratios such as price-to-sales, which is currently 0.22.

How does Polestar Automotive Holding UK PLC ADR (PSNY) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 6 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.00 in simple terms.

Polestar Automotive Holding UK PLC ADR (PSNY): Earnings History

Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 1 different analysts, who are expecting earnings to fall in between the range of -0.14 and -0.14 with an average Earnings Estimate of -0.14 which is in contrast with the last year earnings estimate of -0.14 and also replicates unch growth rate year over year.

Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Ownership Details

I will give a breakdown of the key shareholders in Polestar Automotive Holding UK PLC ADR (PSNY). Recent figures show that the company’s insiders hold 47.75% of shares. A total of 139 institutional investors hold shares in the company, making 15.14% of its stock and 28.98% of its float.

Jun 30, 2024 , it was reported that the Company’s largest institutional holder is AMF Tjanstepension AB holding total of 21.97 shares that make 9.59% of the company’s total number of shares and are currently priced at 21.97 million.

The securities firm Swedbank holds 11.74 shares of PSNY, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 5.13% , and the holding percentage of shares is valued at 11.74 million.

An overview of Polestar Automotive Holding UK PLC ADR’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Polestar Automotive Holding UK PLC ADR (PSNY) traded 11,436,886 shares per day, with a moving average of $0.7628 and price change of +0.2238. With the moving average of $0.8049 and a price change of +0.2560, about 14,327,595 shares changed hands on average over the past 50 days. Finally, PSNY’s 100-day average volume is 10,454,107 shares, alongside a moving average of $0.9843 and a price change of -0.5940.

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