Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Polestar Automotive Holding UK PLC ADR’s current trading price is -68.85% away from its 52-week high, while its distance from the 52-week low is 18.85%. The stock’s price range during this period has varied between $1.30 and $4.96. The company, active in the Consumer Cyclical sector, saw a trading volume of around 1.0 million for the day, considerably lower average daily volume of 3.24 million observed over the last three months.
Polestar Automotive Holding UK PLC ADR’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $4.96 on 07/11/23, and the lowest price during the same period was recorded at $1.30 on 02/23/24.
How Financial Performance Impacts Market Capitalization
Polestar Automotive Holding UK PLC ADR (PSNY) has experienced a quarterly decline of -26.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 722.98M.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9372, with a change in price of -0.4301. Similarly, Polestar Automotive Holding UK PLC ADR recorded 2,974,676 in trading volume during the last 100 days, posting a change of -21.61%.
PSNY Stock Stochastic Average
As of today, the raw stochastic average of Polestar Automotive Holding UK PLC ADR over the past 50 days is 25.25%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 24.21%. Additionally, the Stochastic %K and %D values for the company were 20.68% and 18.22%, respectively, over the past 20 days.
PSNY Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -31.64%.However, over the last six months, we can see a stronger performance of -41.70%. Over the last 30 days, the price of PSNY has leaped by -13.20%. And in the last five days, it has surged by 0.32%.
