Polestar Automotive Holding UK (NASDAQ:PSNY) Sees Strong Trading Volume – Time to Buy?

Shares of Polestar Automotive Holding UK PLC (NASDAQ:PSNY – Get Free Report) saw unusually-high trading volume on Friday . Approximately 2,732,546 shares were traded during mid-day trading, a decline of 4% from the previous session’s volume of 2,849,959 shares.The stock last traded at $1.17 and had previously closed at $1.10. Wall Street Analyst Weigh In [...]

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Shares of Polestar Automotive Holding UK PLC ( NASDAQ:PSNY – Get Free Report ) saw unusually-high trading volume on Friday . Approximately 2,732,546 shares were traded during mid-day trading, a decline of 4% from the previous session’s volume of 2,849,959 shares.The stock last traded at $1.

17 and had previously closed at $1.10. Wall Street Analyst Weigh In PSNY has been the subject of several research reports.



Cantor Fitzgerald reissued an “overweight” rating and issued a $3.00 price objective on shares of Polestar Automotive Holding UK in a research report on Monday, September 30th. Bank of America began coverage on shares of Polestar Automotive Holding UK in a report on Thursday, December 5th.

They issued a “neutral” rating and a $1.25 price target for the company. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $1.

50 price objective on shares of Polestar Automotive Holding UK in a report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat, Polestar Automotive Holding UK currently has an average rating of “Hold” and an average target price of $1.

53. Check Out Our Latest Stock Analysis on PSNY Polestar Automotive Holding UK Stock Performance Institutional Investors Weigh In On Polestar Automotive Holding UK Several large investors have recently modified their holdings of the stock. Public Employees Retirement Association of Colorado bought a new position in shares of Polestar Automotive Holding UK during the 2nd quarter worth approximately $26,000.

MetLife Investment Management LLC lifted its holdings in shares of Polestar Automotive Holding UK by 134.4% during the third quarter. MetLife Investment Management LLC now owns 15,390 shares of the company’s stock valued at $26,000 after acquiring an additional 8,823 shares during the period.

Versor Investments LP acquired a new stake in shares of Polestar Automotive Holding UK in the 2nd quarter valued at $47,000. Captrust Financial Advisors grew its holdings in shares of Polestar Automotive Holding UK by 125.4% in the 3rd quarter.

Captrust Financial Advisors now owns 46,615 shares of the company’s stock worth $80,000 after purchasing an additional 25,930 shares during the last quarter. Finally, XTX Topco Ltd increased its position in shares of Polestar Automotive Holding UK by 153.1% during the 2nd quarter.

XTX Topco Ltd now owns 150,657 shares of the company’s stock worth $119,000 after purchasing an additional 91,139 shares in the last quarter. 1.02% of the stock is currently owned by institutional investors.

Polestar Automotive Holding UK Company Profile ( 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. Featured Articles Receive News & Ratings for Polestar Automotive Holding UK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polestar Automotive Holding UK and related companies with MarketBeat.

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