At the time of writing, Polestar Automotive Holding UK PLC ADR [PSNY] stock is trading at $1.16, up 1.75%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PSNY shares have gain 1.75% over the last week, with a monthly amount glided 8.41%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Polestar Automotive Holding UK PLC ADR [NASDAQ: PSNY] stock has seen the most recent analyst activity on December 05, 2024, when BofA Securities initiated its Neutral rating and assigned the stock a price target of $1.25. On March 15, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $2 on the stock. Bernstein started tracking the stock assigning a Underperform rating and suggested a price target of $1.15 on January 24, 2024. Piper Sandler initiated its recommendation with a Overweight and recommended $3 as its price target on November 01, 2023. Barclays downgraded its rating to Underweight for this stock on September 07, 2023, and downed its price target to $3. In a note dated August 01, 2023, R. F. Lafferty initiated an Buy rating and provided a target price of $9 on this stock.
For the past year, the stock price of Polestar Automotive Holding UK PLC ADR fluctuated between $0.61 and $2.33. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. Polestar Automotive Holding UK PLC ADR [NASDAQ: PSNY] shares were valued at $1.16 at the most recent close of the market. An investor can expect a potential return of 29.31% based on the average PSNY price forecast.
Analyzing the PSNY fundamentals
According to Polestar Automotive Holding UK PLC ADR [NASDAQ:PSNY], the company’s sales were 2.06B for trailing twelve months, which represents an -16.43% plunge. Gross Profit Margin for this corporation currently stands at -0.22% with Operating Profit Margin at -0.71%, Pretax Profit Margin comes in at -0.68%, and Net Profit Margin reading is -0.68%. To continue investigating profitability, this company’s Return on Assets is posted at -0.37, Equity is 3.51 and Total Capital is -2.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.1100 points at the first support level, and at 1.0600 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2100, and for the 2nd resistance point, it is at 1.2600.
Ratios To Look Out For
It is important to note that Polestar Automotive Holding UK PLC ADR [NASDAQ:PSNY] has a current ratio of 0.72. As well, the Quick Ratio is 0.38, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.26.
