Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Get Free Report)'s stock price was up 3.7% during trading on Monday . The stock traded as high as $1.13 and last traded at $1.12. Approximately 2,060,927 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 5,855,598 shares. The stock had previously closed at $1.08.
Polestar Automotive Holding UK Trading Down 3.1%
The stock has a market capitalization of $2.32 billion, a PE ratio of -1.90 and a beta of 1.41. The firm has a 50 day moving average price of $1.09 and a 200 day moving average price of $1.08.
Institutional Investors Weigh In On Polestar Automotive Holding UK
A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in Polestar Automotive Holding UK in the 4th quarter worth $33,000. Bank of New York Mellon Corp bought a new position in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $37,000. Alliancebernstein L.P. bought a new position in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $42,000. SCS Capital Management LLC bought a new position in shares of Polestar Automotive Holding UK during the 1st quarter valued at about $43,000. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Polestar Automotive Holding UK by 12.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 528,893 shares of the company's stock valued at $555,000 after purchasing an additional 57,717 shares during the last quarter. Hedge funds and other institutional investors own 1.02% of the company's stock.
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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