In Friday’s Wall Street session, QuantumScape Corp (NYSE:QS) shares traded at $5.18, down -2.81% from the previous session.
QS stock price is now -1.52% away from the 50-day moving average and -7.43% away from the 200-day moving average. The market capitalization of the company currently stands at $2.65B.
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, MCCARTHY MICHAEL O III, CHIEF LEGAL OFFICER sold 76,315 shares of the company’s stock on Feb 21 ’25. The stock was sold for $399,219 at an average price of $5.23. Upon completion of the transaction, the CHIEF LEGAL OFFICER now directly owns 1,010,523 shares in the company, valued at $5.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21 ’25, Director Prinz Fritz sold 12,908 shares of the business’s stock. A total of $67,437 was realized by selling the stock at an average price of $5.22. This leaves the insider owning 228,287 shares of the company worth $1.18 million. A total of 30.41% 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 0.08, a current ratio of 14.21, and a quick ratio of 14.07.
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.
