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How to Buy Polestar Automotive Holding Uk Stock

Polestar Automotive Holding Uk PLC

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden. .

Polestar Automotive Holding Uk stock last closed at $1.83, up 22.82% from the previous day, and has decreased 65.6% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.17 percentage points. Polestar Automotive Holding Uk stock is currently +40.77% from its 52-week low of $1.30, and -67.44% from its 52-week high of $5.62.

As of Feb 28, 2024, there are 2.13B PSNY shares outstanding. The market cap of PSNY is $3.91B. In the past 24 hours, 15.79M PSNY shares were traded.

How to Buy Polestar Automotive Holding Uk Stock

Not sure how to invest in Polestar Automotive Holding Uk stock? Here's how.
  1. Choose where to buy Polestar Automotive Holding Uk stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Polestar Automotive Holding Uk stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your method of payment and add your details.
  4. Analyze Polestar Automotive Holding Uk stock: The Polestar Automotive Holding Uk ticker symbol is PSNY. Is Polestar Automotive Holding Uk stock a good investment? Should you buy shares of PSNY? How do PSNY's underlying business fundamentals look? Do top analysts think Polestar Automotive Holding Uk is a good buy? Why has PSNY's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if PSNY is a good stock to buy).
  5. Execute your PSNY trade: Decide if you will purchase PSNY shares at the current market price or use a limit order to purchase PSNY stock at a particular price.
  6. Track your investment in PSNY: Create a watchlist to important notifications about your new investment in Polestar Automotive Holding Uk stock.

Step 1: Choose where to buy Polestar Automotive Holding Uk stock

You need a brokerage account to access the NASDAQ market and buy PSNY shares.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best online stock brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without commissions.
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  • Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by signing up for an account with eToro today.

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Step 2: Create your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy PSNY today.

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  1. Click here to get started.
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  2. Enter your personal data to create your new trading account.
  1. Submit your information by pressing the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've opened your account on the best stock broker app, you need to deposit funds:

Check out the walkthrough below if you need help depositing funds into your investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Polestar Automotive Holding Uk stock

Once you have identified the best place to buy Polestar Automotive Holding Uk stock, it's crucial to research their stock before you buy, so you can understand the risk as well as the opportunity.

Polestar Automotive Holding Uk Numbers

PSNY Price
$1.83
1w %
17.31%
1y %
-65.6%
5y %
N/A
P/E
-7.96x
P/B
-6.21x
P/S
1.38x
PEG
N/A
Revenue
$2.83B
Earnings
-$730.85M
Fore. Rev. Growth
82.13%
Fore. Earn. Growth
N/A
Market Cap
$3.91B
Next Earnings
Feb 29, 2024
Next Dividend
N/A

Polestar Automotive Holding Uk Zen Score

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.

You can see all of the due diligence checks on PSNY's stock page.

Is PSNY stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PSNY's intrinsic value.

You can do more valuation research on PSNY's stock here.

PSNY Financial Overview

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the PSNY balance sheet.

Negative Health Checks:

  • PSNY debt to equity ratio of -7.97 is negative.
  • PSNY has cash burn of 1800990000. It does not have enough cash and short-term investments to cover this.
  • PSNY has $951.09M in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.80B.
  • Total PSNY debt is still negative.
  • PSNY profit margin has gone up by 0 percentage points in the past year, but the company is still unprofitable.
  • There are more short-term liabilities than short-term assets on the PSNY balance sheet.

Do Wall Street analysts think it's a good time to buy PSNY stock

Out of 3 Equities analysts who give ratings on PSNY, the consensus analyst rating on PSNY is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Polestar Automotive Holding Uk stock forecast page.

PSNY Trading Indicators

SMA10
1.6
SMA20
1.7
SMA50
1.97
SMA100
2.13
SMA200
2.86
MACD
-0.13
MACD Signal
-0.13
MACD Histogram
0
RSI
52.73
Stochastic %K
42.87
Stochastic %D
23.13
StochRSI %K
68.62
StochRSI %D
38.66

How is PSNY performing as a company?

Last year, PSNY revenue was $2.83B. During the past 2 year, PSNY's revenue has gone up by 94.54% per year. This was faster than the Auto Manufacturers industry average of 39.3%.

Dive into PSNY's earnings and revenue performance here.

What are PSNY insiders up to?

Over the last 12 months, insiders at PSNY have not bought or sold any shares.

Research more about who owns PSNY shares here.

Can I rely on PSNY as an income stream?

No, Polestar Automotive Holding Uk doesn't provide an income stream by paying out dividends.

What do other traders have to say about PSNY?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your PSNY trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price, use a limit order.

Click the Open button and eToro will place the order.

If you want additional assistance buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Track your investment in PSNY

Now that you own some shares in PSNY, you'll want to stay up-to-date on your new company.

Start a watchlist to get notified of important updates regarding your PSNY stock.

PSNY Feed

How to Buy Stock in Polestar Automotive Holding Uk

To summarize, here are the 6 steps you need to take to buy Polestar Automotive Holding Uk stock right now:

  1. Choose where to buy Polestar Automotive Holding Uk stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Analyze Polestar Automotive Holding Uk stock
  5. Execute your PSNY trade
  6. Track your investment in PSNY

If you require a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Polestar Automotive Holding Uk, create a watchlist on WallStreetZen today.

NASDAQ: PSNY
$1.83+0.34 (+22.82%)
Updated Feb 28, 2024
Open eToro Account
NASDAQ: PSNY
$1.83+0.34 (+22.82%)
Updated Feb 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Polestar Automotive Holding Uk share?

As of Feb 28, 2024, it costs $1.83 to buy one share of Polestar Automotive Holding Uk stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.92, you can buy 0.5 shares of PSNY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Polestar Automotive Holding Uk stock?

According to 3 Wall Street analysts who monitor Polestar Automotive Holding Uk, their consensus recommendation is to buy Polestar Automotive Holding Uk stock.

What is the best way to buy Polestar Automotive Holding Uk stock?

One way to place an order for Polestar Automotive Holding Uk stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.