Stocks of Polestar Automotive Holding UK PLC (NASDAQ:PSNY) traded higher last session on Wall Street, up 20.49% to $7.82.
PSNY stock price is now 44.24% away from the 50-day moving average and -13.42% away from the 200-day moving average. The market capitalization of the company currently stands at $16.23B.
, while ‘Deutsche Bank’ rates the stock as ‘Hold’.
A total of 76.23% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in PSNY stock. A new stake in Polestar Automotive Holding UK PLC shares was purchased by INVESCO LTD. during the first quarter worth $17,210,000. SUSQUEHANNA INTERNATIONAL GROUP, LLP invested $4,037,000 in shares of PSNY during the first quarter. In the first quarter, GOLDMAN SACHS GROUP INC acquired a new stake in Polestar Automotive Holding UK PLC valued at approximately $2,813,000. SYCOMORE ASSET MANAGEMENT acquired a new stake in PSNY for approximately $2,542,000. D. E. SHAW & CO., INC. purchased a new stake in PSNY valued at around $1,934,000 in the second quarter. In total, there are 79 active investors with 6.10% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $6.54 for Polestar Automotive Holding UK PLC (NASDAQ: PSNY). During the past 12 months, Polestar Automotive Holding UK PLC has had a low of $4.00 and a high of $14.90. As of last week, the company has a debt-to-equity ratio of 5.98, a current ratio of 0.50, and a quick ratio of 0.30. The fifty day moving average price for PSNY is $5.42 and a two-hundred day moving average price translates $9.03 for the stock.
The latest earnings results from Polestar Automotive Holding UK PLC (NASDAQ: PSNY) was released for Jun, 2022.
Polestar Automotive Holding UK PLC(PSNY) Company Profile
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.