In yesterday’s Wall Street session, QuantumScape Corp (NYSE:QS) shares traded at $5.16, up 2.38% from the previous session.
QS stock price is now -4.67% away from the 50-day moving average and -11.46% away from the 200-day moving average. The market capitalization of the company currently stands at $2.71B.
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With the price target maintained at $5.30, HSBC Securities recently Upgraded its rating from Reduce to Hold for QuantumScape Corp (NYSE: QS). , while ‘Wolfe Research’ rates the stock as ‘Underperform’
In other news, Prinz Fritz, Director sold 12,908 shares of the company’s stock on Nov 21 ’24. The stock was sold for $65,085 at an average price of $5.04. Upon completion of the transaction, the Director now directly owns 241,195 shares in the company, valued at $1.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 21 ’24, CHIEF LEGAL OFFICER MCCARTHY MICHAEL O III sold 27,305 shares of the business’s stock. A total of $138,442 was realized by selling the stock at an average price of $5.07. This leaves the insider owning 1,129,167 shares of the company worth $5.83 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 $4.65 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 $5.413 and a two-hundred day moving average price translates $5.8276 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.
