The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 6.19%.However, over the last six months, we can see a weaker performance of 33.55%. Over the last 30 days, the price of PSNY has fallen by 1.36%. And in the last five days, it has surged by 2.29%.
Polestar Automotive Holding UK PLC ADR experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.17 on 02/29/24 and the lowest value was $0.61 on 08/05/24.
52-week price history of PSNY Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Polestar Automotive Holding UK PLC ADR’s current trading price is -48.62% away from its 52-week high, while its distance from the 52-week low is 82.76%. The stock’s price range during this period has varied between$0.61 and $2.17. The Polestar Automotive Holding UK PLC ADR’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.46 million for the day, a figure considerably lower than their average daily volume of 5.43 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Polestar Automotive Holding UK PLC ADR (PSNY) has experienced a quarterly decline of -3.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 521.76M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1866, with a change in price of -0.6100. Similarly, Polestar Automotive Holding UK PLC ADR recorded 4,981,172 in trading volume during the last 100 days, posting a change of -35.67%.
PSNY’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PSNY stands at 1.96. Similarly, the long-term debt-to-equity ratio is also 0.80.
PSNY Stock Stochastic Average
Polestar Automotive Holding UK PLC ADR’s raw stochastic average for the past 50 days is presently 60.98%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 80.48%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 84.82% and 84.82%, respectively.
