What Factors Have Led to Polestar Automotive Holding Uk Plc (PSNY) Stock Trading -52.07% Below Its 52-Week High?

Cantor Fitzgerald has recently reduced Polestar Automotive Holding Uk Plc (PSNY) stock to Neutral rating, as announced on January 17, 2025, according to Finviz. Earlier, on December 5, 2024, BofA Securities had initiated the stock to Neutral, setting a price target of $1.25. Deutsche Bank also resumed Hold rating with a price target of $1.50. Additionally, Piper Sandler reduced Neutral rating on March 15, 2024, with a target price of $2. Bernstein analysts, in their report published on January 24, 2024, also initiated Underperform rating and set a price target of $1.15 for Polestar Automotive Holding Uk Plc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.

Polestar Automotive Holding Uk Plc (PSNY) Stock Trading Recap

On Monday, Polestar Automotive Holding Uk Plc (PSNY) stock saw a modest uptick, ending the day at $1.04 which represents a slight increase of $0.02 or 1.96% from the prior close of $1.02. The stock opened at $1.01 and touched a low of $0.98 during the day, reaching a high of $1.06. The volume of shares traded was 5.40 million exceeding the average volume of 5.26 million.


Sponsored

PSNY Stock Performance and Moving Averages

In recent trading, Polestar Automotive Holding Uk Plc (PSNY) stock price has shown some volatility, fluctuating 0.97% over the last five trades and -0.95% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 48.49%, and it has plunged by -10.34% in the previous three months. Currently, PSNY is trading at -4.43%, -2.83%, and -5.93% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

As of the latest trading close, PSNY, a Consumer Cyclical sector stock, is trading -52.07% below its 52-week high but remains 70.46% above its 52-week low. The Average True Range (ATR) (14 days) of 0.08 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

Polestar Automotive Holding Uk Plc’s Profitability and Valuation Ratios

Polestar Automotive Holding Uk Plc’s profitability metrics reveal financial health. The company currently boasts an operating margin of -34.82% and a profit margin of -78.39%, with a gross margin of 48.49%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, Polestar Automotive Holding Uk Plc’s market capitalization stands at $486.67 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 0.24, reflecting the market’s valuation of the company’s sales.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.06% of Polestar Automotive Holding Uk Plc (PSNY)’s shares, while financial institutions hold 15.52%.

Related Posts

Unlock Your Investment Potential: Get Your 100% Free eBook

Best Space Stocks To Buy

A detailed analysis of Three Best Space Stocks to Buy, each selected based on Innovations, Growth Metrics & Achievements

No thanks

Best Space Stocks to Buy!

Unlock Your Investment Potential: Get Your 100% Free eBook

A Detail Analysis of Three Best Space Stocks to Buy, Eash Selected Based on Innovations, Growth Metrics & Achievements