November 20, 2023, QuantumScape Corp (NYSE: QS) trading session started at the price of $6.08, that was -0.33% drop from the session before. During the day, the shares moved up to $6.22 and dropped to $5.94 before settling in for the closing price of $6.06. A 52-week range for QS has been $4.99 – $13.86.
When this article was written, the company’s average yearly earnings per share was at -0.90%. With a float of $322.06 million, this company’s outstanding shares have now reached $358.50 million.
Considering the fact that the conglomerate employs 850 people, you should pay attention to its efficiency factor.
QuantumScape Corp (QS) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward QuantumScape Corp stocks. The insider ownership of QuantumScape Corp is 34.22%, while institutional ownership is 24.96%. The most recent insider transaction that took place on Nov 20, was worth 279,486. In this transaction Chief Financial Officer of this company sold 45,981 shares at a rate of $6.08, taking the stock ownership to the 573,436 shares. Before that another transaction happened on Nov 08, when Company’s Chief Legal Officer sold 43,476 for $5.77, making the entire transaction worth $250,830. This insider now owns 829,798 shares in total.
QuantumScape Corp (QS) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted -$0.23 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.3) by $0.07. This company achieved a return on equity of -28.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.90% per share during the next fiscal year.
QuantumScape Corp (NYSE: QS) Trading Performance Indicators
You can see what QuantumScape Corp (QS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 24.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.98, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.80 in one year’s time.
Technical Analysis of QuantumScape Corp (QS)
Compared to the last year’s volume of 6.49 million, its volume of 5.5 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 62.26%. Additionally, its Average True Range was 0.34.
During the past 100 days, QuantumScape Corp’s (QS) raw stochastic average was set at 11.84%, which indicates a significant decrease from 71.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.87% in the past 14 days, which was lower than the 80.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.15, while its 200-day Moving Average is $7.44. Nevertheless, the first resistance level for the watch stands at $6.19 in the near term. At $6.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.47. If the price goes on to break the first support level at $5.91, it is likely to go to the next support level at $5.79. Should the price break the second support level, the third support level stands at $5.63.
QuantumScape Corp (NYSE: QS) Key Stats
There are 489,561K outstanding shares of the company, which has a market capitalization of 2.96 billion. As of now, sales total 0 K while income totals -411,910 K. Its latest quarter income was 0 K while its last quarter net income were -110,620 K.