Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Get Free Report)'s share price gapped down before the market opened 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.
Polestar Automotive Holding UK Trading Up 0.9%
The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of -1.91 and a beta of 1.43. The company has a fifty day moving average price of $1.06 and a two-hundred day moving average price of $1.08.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Performa Ltd US LLC boosted its holdings in shares of Polestar Automotive Holding UK by 23.6% during the 4th quarter. Performa Ltd US LLC now owns 82,520 shares of the company's stock worth $87,000 after purchasing an additional 15,752 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Polestar Automotive Holding UK during the 4th quarter worth approximately $33,000. Bank of New York Mellon Corp acquired a new position in Polestar Automotive Holding UK in the fourth quarter valued at approximately $37,000. Alliancebernstein L.P. acquired a new position in Polestar Automotive Holding UK in the fourth quarter valued at approximately $42,000. Finally, SCS Capital Management LLC acquired a new position in Polestar Automotive Holding UK in the first quarter valued at approximately $43,000. 1.02% of the stock is currently owned by institutional investors and hedge funds.
Polestar Automotive Holding UK Company Profile
(
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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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