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 -44.59% away from its 52-week high, while its distance from the 52-week low is 76.20%. The stock’s price range during this period has varied between $0.61 and $1.94. The company, active in the Consumer Cyclical sector, saw a trading volume of around 2.63 million for the day, considerably lower average daily volume of 3.66 million observed over the last three months.
Polestar Automotive Holding UK PLC ADR (PSNY) currently has a stock price of $1.08. The stock saw a sharp increase in the last trading session, hitting a high of $1.5 after opening at $1.09. The lowest recorded price for the day was $0.4 before it closed at $1.08.
Polestar Automotive Holding UK PLC ADR’s stock has had a calm market performance. The 1-year high for the company’s stock was $1.94 on 09/17/24, and the lowest price during the same period was recorded at $0.61 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Polestar Automotive Holding UK PLC ADR (PSNY) has experienced a quarterly rise of 3.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.21B and boasts a workforce of 2547 employees.
Decoding Analysts’ Ratings for Polestar Automotive Holding UK PLC ADR
As of right now, 0 analyst is rating Polestar Automotive Holding UK PLC ADR as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 1.0767, with a change in price of -0.0799. Similarly, Polestar Automotive Holding UK PLC ADR recorded 4,016,230 in trading volume during the last 100 days, posting a change of -6.83%.
PSNY Stock Stochastic Average
As of today, the raw stochastic average of Polestar Automotive Holding UK PLC ADR over the past 50 days is 44.72%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 31.63%. Additionally, the Stochastic %K and %D values for the company were 37.21% and 40.18%, 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 gain of 6.44%.However, over the last six months, we can see a stronger performance of -5.70%. Over the last 30 days, the price of PSNY has fallen by 4.37%. And in the last five days, it has fallen by -1.38%.
