The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Polestar Automotive Holding UK PLC ADR (PSNY) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.0196, or 0.88%, to $2.2496. The Polestar Automotive Holding UK PLC ADR has recorded 39,811 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Polestar Day to Feature Future Technologies and Full Model Line-Up in Los Angeles on November 9.
The company is listed on the NASDAQ and operates within the Auto Manufacturers industry segment. The current market capitalization of Polestar Automotive Holding UK PLC ADR is $1.04B. A total of 1.9 million shares were traded on the day, compared to an average of 3.51M shares.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for PSNY in the last 3 months, the mean price target is $4.51 with high estimates of $9.00 and low estimates of $1.60. In terms of 52-week highs and lows, PSNY has a high of $8.25 and a low of $1.98.
As of this writing, PSNY has an earnings estimate of -$0.14 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.14 per share and a lower estimate of -$0.14. The company reported an EPS of -$0.01 in the last quarter, which was 91.70% higher than expectations of -$0.12.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PSNY’s latest balance sheet shows that the firm has $757.93M in Cash & Short Term Investments as of fiscal 2021. There were $825.41M in debt and $3.04B in liabilities at the time. Its Book Value Per Share was -$0.22, while its Total Shareholder’s Equity was $122.50M.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PSNY is Buy with a score of 3.67.