A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant loss of -37.13% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -57.58%. Over the past 30 days, the price of PSNY has leaped by -8.28%. And in the last five days, it has surged by 2.09%.
The current stock price for Polestar Automotive Holding UK PLC (PSNY) is $3.34. The stock experienced a significant increase during the last trading session, reaching $3.34 after opening at $3.31. It dipped to a low of $3.2403 before ultimately closing at $3.30.
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The market performance of Polestar Automotive Holding UK PLC has been somewhat unstable. Over the past year, the company’s stock achieved a high of $13.36 on 06/24/22, with the lowest value for the same timeframe being $3.14, recorded on 03/24/23.
52-week price history of PSNY Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Polestar Automotive Holding UK PLC’s current trading price is -75.01% away from its 52-week high, while its distance from the 52-week low is 6.32%. The stock’s price range for this period has been between $3.14 and $13.36. The Consumer Cyclical sector company’s shares saw a trading volume of about 0.52 million for the day, which was lower than the average daily volume of 3.09 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Polestar Automotive Holding UK PLC (PSNY) has experienced a quarterly decline of -36.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.18B and boasts a workforce of 2377 employees.
Expert Opinions: Analysts’ Ratings for Polestar Automotive Holding UK PLC
As of right now, 0 analyst is rating Polestar Automotive Holding UK PLC as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.49, with a change in price of -1.98. Similarly, Polestar Automotive Holding UK PLC recorded 2,664,882 in trading volume during the last 100 days, posting a change of -37.22%.
PSNY Stock Stochastic Average
As of today, the raw stochastic average of Polestar Automotive Holding UK PLC over the last 50 days is at 19.42%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 14.43%. Further, the company’s Stochastic %K and %D values for the last 20 days were 11.34% and 13.06%, respectively.