In Wednesday’s Wall Street session, QuantumScape Corp (NYSE:QS) shares traded at $5.67, up 30.95% from the previous session.
QS stock price is now 37.45% away from the 50-day moving average and 16.70% away from the 200-day moving average. The market capitalization of the company currently stands at $3.17B.
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, Officer bought 290,000 shares of the company’s stock on Jun 25 ’25. The stock was bought for $1,727,675 at an average price of $5.96. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 04 ’25, Director Leohold Jurgen bought 10,274 shares of the business’s stock. A total of $42,021 was incurred on buying the stock at an average price of $4.09. 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 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.
