In yesterday’s Wall Street session, QuantumScape Corp (NYSE:QS) shares traded at $5.16, down -0.19% from the previous session.
QS stock price is now -1.32% away from the 50-day moving average and -8.52% away from the 200-day moving average. The market capitalization of the company currently stands at $2.64B.
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, Jagdeep Singh, 10% Owner bought 249,960 shares of the company’s stock on Jan 21 ’25. The stock was bought for $1,279,795 at an average price of $5.12. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 27 ’24, CHIEF DEVELOPMENT OFFICER Singh Mohit sold 97,305 shares of the business’s stock. A total of $607,310 was realized by selling the stock at an average price of $6.24. This leaves the insider owning 1,092,020 shares of the company worth $5.63 million. A total of 30.40% 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 $9.52. 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 $5.2288 and a two-hundred day moving average price translates $5.6403 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.
