5.09% percent quarterly performance for QuantumScape Corp (QS) is not indicative of the underlying story

QuantumScape Corp (NYSE: QS) kicked off on Monday, down -1.24% from the previous trading day, before settling in for the closing price of $5.64. Over the past 52 weeks, QS has traded in a range of $4.67-$10.03.

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While this was happening, its average annual earnings per share was recorded 2.52%. With a float of $350.26 million, this company’s outstanding shares have now reached $433.16 million.

The firm has a total of 850 workers. Let’s measure their productivity. 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 Activity

Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of QuantumScape Corp is 30.79%, while institutional ownership is 23.07%. The most recent insider transaction that took place on Sep 17 ’24, was worth 1,150,909. In this transaction Director of this company sold 192,270 shares at a rate of $5.99, taking the stock ownership to the 2,590,583 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Director sold 57,690 for $5.99, making the entire transaction worth $345,327. This insider now owns 5,773,928 shares in total.

QuantumScape Corp (QS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 2.52% 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

Take a look at QuantumScape Corp’s (QS) current performance indicators. Last quarter, 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 -0.86 in one year’s time.

Technical Analysis of QuantumScape Corp (QS)

Analysing the last 5-days average volume posted by the [QuantumScape Corp, QS], we can find that recorded value of 4.84 million was lower than the volume posted last year of 8.46 million. As of the previous 9 days, the stock’s Stochastic %D was 29.12%. Additionally, its Average True Range was 0.27.

During the past 100 days, QuantumScape Corp’s (QS) raw stochastic average was set at 18.56%, which indicates a significant decrease from 29.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.82% in the past 14 days, which was lower than the 71.59% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.81, while its 200-day Moving Average is $6.17. Now, the first resistance to watch is $5.68. This is followed by the second major resistance level at $5.78. The third major resistance level sits at $5.90. If the price goes on to break the first support level at $5.46, it is likely to go to the next support level at $5.34. Should the price break the second support level, the third support level stands at $5.24.

QuantumScape Corp (NYSE: QS) Key Stats

The company with the Market Capitalisation of 2.82 billion has total of 499,532K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -445,150 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -122,980 K.