Stocks of QuantumScape Corp (NYSE:QS) traded higher last session on Wall Street, up 3.88% to $5.62.
QS stock price is now -2.02% away from the 50-day moving average and -8.38% away from the 200-day moving average. The market capitalization of the company currently stands at $2.84B.
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, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, Hettrich Kevin, CHIEF FINANCIAL OFFICER sold 34,607 shares of the company’s stock on Oct 09 ’24. The stock was sold for $190,006 at an average price of $5.49. Upon completion of the transaction, the CHIEF FINANCIAL OFFICER now directly owns 1,073,022 shares in the company, valued at $6.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 07 ’24, Director Singh Jagdeep sold 192,270 shares of the business’s stock. A total of $1,063,753 was realized by selling the stock at an average price of $5.53. This leaves the insider owning 2,590,583 shares of the company worth $14.56 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 $5.736 and a two-hundred day moving average price translates $6.1342 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.
