QuantumScape Corp (NYSE:QS) shares traded -2.08% lower at $5.65 on Wall Street last session.
QS stock price is now -9.33% away from the 50-day moving average and -9.42% away from the 200-day moving average. The market capitalization of the company currently stands at $2.86B.
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, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, Singh Jagdeep, Director sold 192,270 shares of the company’s stock on Sep 17 ’24. The stock was sold for $1,150,909 at an average price of $5.99. Upon completion of the transaction, the Director now directly owns 2,590,583 shares in the company, valued at $14.64 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 17 ’24, Director Singh Jagdeep sold 57,690 shares of the business’s stock. A total of $345,327 was realized by selling the stock at an average price of $5.99. This leaves the insider owning 5,773,928 shares of the company worth $32.62 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 $10.03. 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 $6.1616 and a two-hundred day moving average price translates $6.23135 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.
