PSNYW Stock Summary and Trading Ideas (Polestar Automotive Holding Uk Limited - Class C-1 Ads (Adw) | :PSNYW)

Polestar Automotive Holding Uk Limited - Class C-1 Ads (Adw) trades on the stock market under the symbol PSNYW.

As of January 3, 2025, PSNYW stock price climbed to $0.29 with 8,971,925 million shares trading.

PSNYW has a beta of -1.51, meaning it tends to be less sensitive to market movements. PSNYW has a correlation of 0.02 to the broad based SPY ETF.

PSNYW has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

PSNYW has underperformed the market in the last year with a return of +22.1%, while the SPY ETF gained +27.8%. In the last 3 month period, PSNYW fell short of the market, returning +3.6%, while SPY returned +4.6%. However, in the most recent 2 weeks PSNYW has outperformed the stock market by returning +106.8%, while SPY returned +0.1%.

PSNYW support price is $.14 and resistance is $.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSNYW shares will trade within this expected range on the day.