In yesterday’s Wall Street session, QuantumScape Corp (NYSE:QS) shares traded at $4.74, down -2.27% from the previous session.
QS stock price is now -13.61% away from the 50-day moving average and -19.42% away from the 200-day moving average. The market capitalization of the company currently stands at $2.37B.
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, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, Singh Jagdeep, Director sold 70,912 shares of the company’s stock on Nov 13 ’24. The stock was sold for $357,900 at an average price of $5.05. Upon completion of the transaction, the Director now directly owns 2,590,583 shares in the company, valued at $12.28 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 13 ’24, Director Singh Jagdeep sold 21,277 shares of the business’s stock. A total of $107,387 was realized by selling the stock at an average price of $5.05. This leaves the insider owning 5,694,961 shares of the company worth $26.99 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 $4.67 and a high of $10.03. As of last week, the company has a debt-to-equity ratio of 0.09, a current ratio of 14.07, and a quick ratio of 14.07. The fifty day moving average price for QS is $5.4868 and a two-hundred day moving average price translates $5.88225 for the stock.
The latest earnings results from QuantumScape Corp (NYSE: QS) was released for 2024-09-30. 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.
