On Monday, QuantumScape Corp (NYSE: QS) was -1.52% drop from the session before settling in for the closing price of $5.28. A 52-week range for QS has been $4.67 – $10.03.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
When this article was written, the company’s average yearly earnings per share was at 2.52%. With a float of $350.32 million, this company’s outstanding shares have now reached $433.16 million.
Considering the fact that the conglomerate employs 850 people, you should pay attention to its efficiency factor. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward QuantumScape Corp stocks. The insider ownership of QuantumScape Corp is 30.78%, while institutional ownership is 23.03%. The most recent insider transaction that took place on Oct 09 ’24, was worth 190,006. In this transaction CHIEF FINANCIAL OFFICER of this company sold 34,607 shares at a rate of $5.49, taking the stock ownership to the 1,073,022 shares. Before that another transaction happened on Oct 07 ’24, when Company’s Director sold 192,270 for $5.53, making the entire transaction worth $1,063,753. This insider now owns 2,590,583 shares in total.
QuantumScape Corp (QS) Earnings and Forecasts
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 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
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 -0.86 in one year’s time.
Technical Analysis of QuantumScape Corp (QS)
Compared to the last year’s volume of 8.29 million, its volume of 5.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.58%. Additionally, its Average True Range was 0.23.
During the past 100 days, QuantumScape Corp’s (QS) raw stochastic average was set at 10.93%, which indicates a significant decrease from 12.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.58% in the past 14 days, which was lower than the 70.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.68, while its 200-day Moving Average is $6.08. Nevertheless, the first resistance level for the watch stands at $5.27 in the near term. At $5.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.41. If the price goes on to break the first support level at $5.13, it is likely to go to the next support level at $5.06. Should the price break the second support level, the third support level stands at $4.99.
QuantumScape Corp (NYSE: QS) Key Stats
There are 499,532K outstanding shares of the company, which has a market capitalization of 2.63 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.
