QuantumScape Corp (QS) concluded trading on Wednesday at a closing price of $5.51, with 3.87 million shares of worth about $21.32 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.90% during that period and on October 16, 2024 the price saw a gain of about 0.36%. Currently the company’s common shares owned by public are about 433.16M shares, out of which, 350.32M shares are available for trading.
Stock saw a price change of 0.92% in past 5 days and over the past one month there was a price change of -8.17%. Year-to-date (YTD), QS shares are showing a performance of -20.72% which decreased to -12.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.67 but also hit the highest price of $10.03 during that period. The average intraday trading volume for QuantumScape Corp shares is 7.01 million. The stock is currently trading -2.13% below its 20-day simple moving average (SMA20), while that difference is down -3.40% for SMA50 and it goes to -9.82% lower than SMA200.
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QuantumScape Corp (NYSE: QS) currently have 433.16M outstanding shares and institutions hold larger chunk of about 23.01% of that.
The stock has a current market capitalization of $2.79B and its 3Y-monthly beta is at 4.59. It has posted earnings per share of -$0.95 in the same period. It has Quick Ratio of 8.66 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for QS, volatility over the week remained 3.39% while standing at 4.22% over the month.
Stock’s fiscal year EPS is expected to rise by 3.46% while it is estimated to increase by 9.59% in next year. EPS is likely to grow at an annualized rate of 25.88% for next 5-years, compared to annual growth of -45.65% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on September 10, 2024 offering a Hold rating for the stock and assigned a target price of $6 to it. On December 18, 2023, William Blair Initiated their recommendations, while on December 04, 2023, HSBC Securities Initiated their ratings for the stock with a price target of $4.70. Stock get an Outperform rating from Evercore ISI on September 18, 2023.
