At the time of writing, Polestar Automotive Holding UK PLC ADR [PSNY] stock is trading at $1.04, up 4.00%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PSNY shares have gain 1.96% over the last week, with a monthly amount drifted -6.31%, and not 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 January 17, 2025, when Cantor Fitzgerald downgraded its rating to a Neutral. Previously, BofA Securities started tracking the stock with Neutral rating on December 05, 2024, and set its price target to $1.25. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $2 on March 15, 2024. Bernstein initiated its recommendation with a Underperform and recommended $1.15 as its price target on January 24, 2024. Piper Sandler started tracking with a Overweight rating for this stock on November 01, 2023, and assigned it a price target of $3. In a note dated September 07, 2023, Barclays downgraded an Underweight rating on this stock and revised its target price from $5 to $3.
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 $1.04 at the most recent close of the market. An investor can expect a potential return of 44.23% 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 2.00B for trailing twelve months, which represents an -10.19% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.15.
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 1.0167 points at the first support level, and at 0.9933 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0567, and for the 2nd resistance point, it is at 1.0733.
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. Also, the Quick Ratio is 0.38, while the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 0.24.
