A new trading day began on Monday, with QuantumScape Corp (NYSE: QS) stock price down -1.64% from the previous day of trading, before settling in for the closing price of $6.10. QS’s price has ranged from $4.67 to $10.03 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 1.62%. With a float of $350.89 million, this company’s outstanding shares have now reached $433.16 million.
Let’s look at the performance matrix of the company that is accounted for 850 employees. In terms of profitability, gross margin is 11.88%, operating margin of -691.68%, and the pretax margin is -631.75%.
QuantumScape Corp (QS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of QuantumScape Corp is 30.67%, while institutional ownership is 23.22%. The most recent insider transaction that took place on Aug 21 ’24, was worth 303,025. In this transaction CHIEF LEGAL OFFICER of this company sold 50,575 shares at a rate of $5.99, taking the stock ownership to the 1,184,745 shares. Before that another transaction happened on Aug 21 ’24, when Company’s CHIEF TECHNOLOGY OFFICER sold 44,306 for $6.11, making the entire transaction worth $270,559. This insider now owns 1,168,496 shares in total.
QuantumScape Corp (QS) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.23 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 1.62% 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
Here are QuantumScape Corp’s current performance indicators. According to the last quarter’s results, the stock had 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 -0.89 in one year’s time.
Technical Analysis of QuantumScape Corp (QS)
QuantumScape Corp (NYSE: QS) saw its 5-day average volume 4.88 million, a negative change from its year-to-date volume of 9.12 million. As of the previous 9 days, the stock’s Stochastic %D was 69.32%. Additionally, its Average True Range was 0.37.
During the past 100 days, QuantumScape Corp’s (QS) raw stochastic average was set at 27.42%, which indicates a significant decrease from 76.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.53% in the past 14 days, which was lower than the 74.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.12, while its 200-day Moving Average is $6.27. Nevertheless, the first resistance level for the watch stands at $6.11 in the near term. At $6.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.29. If the price goes on to break the first support level at $5.93, it is likely to go to the next support level at $5.85. The third support level lies at $5.75 if the price breaches the second support level.
QuantumScape Corp (NYSE: QS) Key Stats
With a market capitalization of 3.04 billion, the company has a total of 499,532K Shares Outstanding. Currently, annual sales are 0 K while annual income is -445,150 K. The company’s previous quarter sales were 0 K while its latest quarter income was -122,980 K.
