Polestar Automotive Holding UK (NASDAQ:PSNY) Sets New 1-Year Low at $8.78

Polestar Automotive Holding Uk PLC (NASDAQ:PSNY – Get Score)’s share rate attained a new 52-week reduced all through trading on Wednesday . The stock traded as lower as $8.78 and previous traded at $8.93, with a volume of 1383000 shares. The stock experienced beforehand closed at $8.90.

Wall Road Analysts Forecast Advancement

Independently, Deutsche Lender Aktiengesellschaft begun protection on Polestar Automotive Holding British isles in a research report on Monday. They issued a “hold” rating and a $10.00 selling price objective on the stock.

Polestar Automotive Keeping British isles Inventory Effectiveness

The firm’s 50 working day relocating ordinary price tag is $9.47 and its 200-day relocating normal price is $10.39.

Institutional Investing of Polestar Automotive Holding British isles

Many institutional traders have just lately bought and marketed shares of PSNY. AMF Tjanstepension AB acquired a new posture in shares of Polestar Automotive Holding United kingdom during the 2nd quarter value roughly $38,768,000. Commonwealth Equity Companies LLC acquired a new placement in Polestar Automotive Keeping British isles throughout the second quarter valued at $92,000. Alyeska Investment decision Group L.P. grew its place in shares of Polestar Automotive Keeping British isles by 744.% in the 1st quarter. Alyeska Expenditure Team L.P. now owns 2,451,571 shares of the company’s stock valued at $27,874,000 after acquiring an further 2,161,109 shares through the period. SkyView Expenditure Advisors LLC ordered a new stake in shares of Polestar Automotive Keeping Uk during the to start with quarter worth about $283,000. Ultimately, TIG Advisors LLC lifted its placement in shares of Polestar Automotive Keeping British isles by 179.5% in the course of the 1st quarter. TIG Advisors LLC now owns 45,206 shares of the company’s inventory worth $514,000 after buying an more 29,032 shares for the duration of the past quarter. 29.16% of the inventory is owned by institutional investors and hedge funds.

Polestar Automotive Holding British isles Firm Profile

(Get Score)

Polestar Automotive Keeping British isles PLC manufactures and sells premium electric powered motor vehicles. The firm was established in 2017 and is headquartered in Gothenburg, Sweden.

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