Stocks of QuantumScape Corp (NYSE:QS) traded higher last session on Wall Street, up 5.06% to $4.36.
QS stock price is now -13.67% away from the 50-day moving average and -20.81% away from the 200-day moving average. The market capitalization of the company currently stands at $2.38B.
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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, Jagdeep Singh, Former Director bought 7,267,833 shares of the company’s stock on Mar 04 ’25. The stock was bought for $30,960,969 at an average price of $4.26. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21 ’25, CHIEF LEGAL OFFICER MCCARTHY MICHAEL O III sold 76,315 shares of the business’s stock. A total of $399,219 was realized by selling the stock at an average price of $5.23. This leaves the insider owning 1,010,523 shares of the company worth $4.41 million. A total of 28.47% of the company’s stock is owned by insiders.
During the past 12 months, QuantumScape Corp has had a low of $4.05 and a high of $9.52. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 14.21, and a quick ratio of 14.21. The fifty day moving average price for QS is $5.0504 and a two-hundred day moving average price translates $5.50575 for the stock.
The latest earnings results from QuantumScape Corp (NYSE: QS) was released for 2024-12-31. The company reported revenue of $128.69 million for the quarter, compared to $124.64 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.25 percent.
