The stock of QuantumScape Corp (NYSE:QS) last traded at $6.05, down -0.66% from the previous session.
QS stock price is now -0.29% away from the 50-day moving average and -3.39% away from the 200-day moving average. The market capitalization of the company currently stands at $3.06B.
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On December 04, 2023, HSBC Securities recently initiated its ‘Reduce’ rating on the stock quoting a target price of $4.70, while ‘Evercore ISI’ rates the stock as ‘Outperform’
In other news, MICHAEL MCCARTHY, Officer bought 222,476 shares of the company’s stock on Jul 31 ’24. The stock was bought for $1,463,759 at an average price of $6.58. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 31 ’24, CHIEF LEGAL OFFICER MCCARTHY MICHAEL O III sold 222,476 shares of the business’s stock. A total of $1,463,759 was realized by selling the stock at an average price of $6.58. This leaves the insider owning 1,283,847 shares of the company worth $7.77 million. A total of 30.79% of the company’s stock is owned by insiders.
During the past 12 months, QuantumScape Corp has had a low of $4.67 and a high of $12.15. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 8.66, and a quick ratio of 8.66. The fifty day moving average price for QS is $6.0748 and a two-hundred day moving average price translates $6.2612 for the stock.
The latest earnings results from QuantumScape Corp (NYSE: QS) was released for 2024-06-30. The company reported revenue of $134.46 million for the quarter, compared to $123.54 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.84 percent.
