Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $1.08, but opened at $1.05. Polestar Automotive Holding UK shares last traded at $1.07, with a volume of 228,920 shares trading hands.
Polestar Automotive Holding UK Price Performance
The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of -1.82 and a beta of 1.43. The stock has a 50 day simple moving average of $1.05 and a two-hundred day simple moving average of $1.08.
Institutional Investors Weigh In On Polestar Automotive Holding UK
Hedge funds and other institutional investors have recently made changes to their positions in the business. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in Polestar Automotive Holding UK in the fourth quarter valued at approximately $504,000. Tobam purchased a new stake in shares of Polestar Automotive Holding UK during the 4th quarter worth approximately $65,000. Handelsbanken Fonder AB acquired a new position in shares of Polestar Automotive Holding UK in the 4th quarter valued at $115,000. Bank of New York Mellon Corp purchased a new position in shares of Polestar Automotive Holding UK in the 4th quarter valued at $37,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Polestar Automotive Holding UK in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 1.02% of the company's stock.
About Polestar Automotive Holding UK
(
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.
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