QuantumScape Corp (QS) is 8.70% away from 50-day simple Moving Average despite all headwinds

On Monday, QuantumScape Corp (NYSE: QS) was -7.10% drop from the session before settling in for the closing price of $7.04. A 52-week range for QS has been $4.67 – $13.86.

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When this article was written, the company’s average yearly earnings per share was at 1.25%. With a float of $345.18 million, this company’s outstanding shares have now reached $433.16 million.

The extent of productivity of a business whose workforce counts for 850 workers is very important to gauge.

QuantumScape Corp (QS) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward QuantumScape Corp stocks. The insider ownership of QuantumScape Corp is 30.90%, while institutional ownership is 24.12%. The most recent insider transaction that took place on Jul 11 ’24, was worth 1,219,532. In this transaction CHIEF DEVELOPMENT OFFICER of this company sold 173,224 shares at a rate of $7.04, taking the stock ownership to the 1,196,905 shares. Before that another transaction happened on Jul 08 ’24, when Company’s Director sold 113,264 for $5.04, making the entire transaction worth $571,100. This insider now owns 2,809,253 shares in total.

QuantumScape Corp (QS) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 6/30/2024, 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. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.88% during the next five years compared to -45.65% drop over the previous five years of trading.

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 8.66.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.95, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.92 in one year’s time.

Technical Analysis of QuantumScape Corp (QS)

The latest stats from [QuantumScape Corp, QS] show that its last 5-days average volume of 13.71 million was superior to 9.55 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 18.42%. Additionally, its Average True Range was 0.58.

During the past 100 days, QuantumScape Corp’s (QS) raw stochastic average was set at 38.56%, which indicates a significant increase from 30.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 148.01% in the past 14 days, which was higher than the 72.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.03, while its 200-day Moving Average is $6.26. Now, the first resistance to watch is $6.90. This is followed by the second major resistance level at $7.27. The third major resistance level sits at $7.46. If the price goes on to break the first support level at $6.34, it is likely to go to the next support level at $6.15. The third support level lies at $5.78 if the price breaches the second support level.

QuantumScape Corp (NYSE: QS) Key Stats

There are 499,532K outstanding shares of the company, which has a market capitalization of 3.27 billion. As of now, sales total 0 K while income totals -445,150 K. Its latest quarter income was 0 K while its last quarter net income were -122,980 K.