The price of QuantumScape Corp (NYSE:QS) shares last traded on Wall Street rose 1.51% to $6.72.
QS stock price is now 55.59% away from the 50-day moving average and 37.66% away from the 200-day moving average. The market capitalization of the company currently stands at $3.76B.
On November 19, 2024, HSBC Securities Upgraded its previous ‘Reduce’ rating to ‘Hold’ on the stock keeping its target price maintained at $5.30, while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, Singh Mohit, CHIEF DEVELOPMENT OFFICER sold 325,000 shares of the company’s stock on Jun 26 ’25. The stock was sold for $2,343,608 at an average price of $7.21. Upon completion of the transaction, the CHIEF DEVELOPMENT OFFICER now directly owns 1,641,711 shares in the company, valued at $11.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 25 ’25, CHIEF DEVELOPMENT OFFICER Singh Mohit sold 290,000 shares of the business’s stock. A total of $1,727,675 was realized by selling the stock at an average price of $5.96. This leaves the insider owning 1,641,711 shares of the company worth $11.03 million. A total of 28.95% of the company’s stock is owned by insiders.
During the past 12 months, QuantumScape Corp has had a low of $3.40 and a high of $9.52. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 16.66, and a quick ratio of 16.66. The fifty day moving average price for QS is $4.319 and a two-hundred day moving average price translates $4.8817 for the stock.
The latest earnings results from QuantumScape Corp (NYSE: QS) was released for 2025-03-31. The company reported revenue of $123.58 million for the quarter, compared to $131.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.31 percent.
