The price of QuantumScape Corp (NYSE:QS) shares last traded on Wall Street fell -0.81% to $4.89.
QS stock price is now -6.39% away from the 50-day moving average and -14.34% away from the 200-day moving average. The market capitalization of the company currently stands at $2.49B.
With the price target maintained at $5.30, HSBC Securities recently Upgraded its rating from Reduce to Hold for QuantumScape Corp (NYSE: QS). , while ‘Wolfe Research’ rates the stock as ‘Underperform’
In other news, Singh Mohit, Officer bought 24,797 shares of the company’s stock on Dec 13 ’24. The stock was bought for $120,687 at an average price of $4.87. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 09 ’24, Director Singh Jagdeep sold 308,097 shares of the business’s stock. A total of $1,633,808 was realized by selling the stock at an average price of $5.30. This leaves the insider owning 2,563,767 shares of the company worth $12.54 million. A total of 30.42% of the company’s stock is owned by insiders.
During the past 12 months, QuantumScape Corp has had a low of $4.65 and a high of $10.03. As of last week, the company has a debt-to-equity ratio of 0.09, a current ratio of 14.07, and a quick ratio of 14.07. The fifty day moving average price for QS is $5.224 and a two-hundred day moving average price translates $5.7087 for the stock.
The latest earnings results from QuantumScape Corp (NYSE: QS) was released for 2024-09-30. The company reported revenue of $130.16 million for the quarter, compared to $120.87 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.68 percent.
