Polestar Automotive Holding UK (NASDAQ:PSNY - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, April 1st. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $572.13 million for the quarter.
Polestar Automotive Holding UK Stock Performance
NASDAQ PSNY traded up $0.02 during trading on Wednesday, reaching $1.07. 1,247,799 shares of the company traded hands, compared to its average volume of 7,608,877. Polestar Automotive Holding UK has a 1-year low of $0.61 and a 1-year high of $1.94. The company has a market cap of $2.27 billion, a price-to-earnings ratio of -1.87 and a beta of 1.49. The stock's 50 day moving average price is $1.09 and its two-hundred day moving average price is $1.19.
Wall Street Analyst Weigh In
Several analysts recently commented on the company. Bank of America assumed coverage on Polestar Automotive Holding UK in a research note on Thursday, December 5th. They issued a "neutral" rating and a $1.25 price target on the stock. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Polestar Automotive Holding UK in a report on Friday, January 17th. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat.com, Polestar Automotive Holding UK currently has a consensus rating of "Hold" and a consensus price target of $1.53.
Get Our Latest Stock Report on PSNY
Polestar Automotive Holding UK Company Profile
(
Get Free Report)
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
Read More
Before you consider Polestar Automotive Holding UK, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Polestar Automotive Holding UK wasn't on the list.
While Polestar Automotive Holding UK currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
