Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) is -31.42% lower on its value in year-to-date trading and has touched a low of $0.61 and a high of $2.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PSNY stock was last observed hovering at around $1.52 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.55, the stock is 12.22% and 51.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.45 million and changing 1.97% at the moment leaves the stock 10.35% off its SMA200. PSNY registered -33.76% loss for a year compared to 6-month loss of -4.32%.
The stock witnessed a 87.42% gain in the last 1 month and extending the period to 3 months gives it a 120.42%, and is -14.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.78% over the week and 12.29% over the month.
Profit margin for the company is -67.89%. Distance from 52-week low is 154.06% and -47.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-644.22%).
The EPS is expected to grow by 1.56% this year.
Polestar Automotive Holding UK PLC ADR (PSNY) Top Institutional Holders
The shares outstanding are 467.95M, and float is at 467.67M with Short Float at 8.30%.
The top institutional shareholder in the company is SWEDBANK AB with over 11.74 million shares valued at $9.24 million. The investor’s holdings represent 0.5564% of the PSNY Shares outstanding. As of 2024-06-30, the second largest holder is ALECTA TJANSTEPENSION OMSESIDIGT with 5.92 million shares valued at $4.65 million to account for 0.2808 of the shares outstanding. The other top investors are FJARDE AP-FONDEN (THE FOURTH SWEDISH NATIONAL PENSIONFUND) which holds 4.37 million shares representing 0.207% and valued at over $3.44 million, while TREDJE AP-FONDEN holds 0.1862 of the shares totaling 3.93 million with a market value of $3.09 million.
Polestar Automotive Holding UK PLC ADR (PSNY) Insider Activity
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