UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 580,552 shares of the company's stock, valued at approximately $610,000.
Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $33,000. Bank of New York Mellon Corp purchased a new position in shares of Polestar Automotive Holding UK in the 4th quarter valued at about $37,000. Alliancebernstein L.P. purchased a new position in shares of Polestar Automotive Holding UK in the 4th quarter valued at about $42,000. Performa Ltd US LLC increased its stake in shares of Polestar Automotive Holding UK by 23.6% in the 4th quarter. Performa Ltd US LLC now owns 82,520 shares of the company's stock valued at $87,000 after purchasing an additional 15,752 shares in the last quarter. Finally, Barclays PLC purchased a new position in shares of Polestar Automotive Holding UK in the 4th quarter valued at about $94,000. Hedge funds and other institutional investors own 1.02% of the company's stock.
Polestar Automotive Holding UK Stock Performance
Shares of Polestar Automotive Holding UK stock traded down $0.02 on Friday, hitting $1.03. The company's stock had a trading volume of 2,088,018 shares, compared to its average volume of 7,084,872. Polestar Automotive Holding UK PLC has a 1 year low of $0.61 and a 1 year high of $1.94. The firm has a fifty day moving average price of $1.06 and a 200-day moving average price of $1.07. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of -1.81 and a beta of 1.43.
Polestar Automotive Holding UK Profile
(
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.
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