Stocks of Polestar Automotive Holding UK PLC (NASDAQ:PSNY) traded higher last session on Wall Street, down -13.05% to $3.33.
PSNY stock price is now -18.74% away from the 50-day moving average and -27.14% away from the 200-day moving average. The market capitalization of the company currently stands at $6.78B.
With the price target of $9, R. F. Lafferty recently initiated with Buy rating for Polestar Automotive Holding UK PLC (NASDAQ: PSNY).
A total of 47.31% 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 STATE STREET CORP during the first quarter worth $1,102,000. LEGAL & GENERAL GROUP PLC invested $631,000 in shares of PSNY during the first quarter. In the first quarter, MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. acquired a new stake in Polestar Automotive Holding UK PLC valued at approximately $533,000. GTS SECURITIES LLC acquired a new stake in PSNY for approximately $315,000. ERGOTELES LLC purchased a new stake in PSNY valued at around $306,000 in the second quarter. In total, there are 106 active investors with 6.10% ownership of the company’s stock.
Thursday’s opening bell rang with an opening price of $3.6500 for Polestar Automotive Holding UK PLC (NASDAQ: PSNY). During the past 12 months, Polestar Automotive Holding UK PLC has had a low of $3.14 and a high of $8.26. The fifty day moving average price for PSNY is $4.0982 and a two-hundred day moving average price translates $4.5704 for the stock.
The latest earnings results from Polestar Automotive Holding UK PLC (NASDAQ: PSNY) was released for Mar, 2023.
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.
