QuantumScape Corp (QS) is destined for greater heights as its last quarter sales were 0 K

On Monday, QuantumScape Corp (NYSE: QS) opened lower -0.59% from the last session, before settling in for the closing price of $5.12. Price fluctuations for QS have ranged from $4.67 to $10.03 over the past 52 weeks.

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Company’s average yearly earnings per share was noted -1.57% at the time writing. With a float of $355.18 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 10.05%, operating margin of -704.23%, and the pretax margin is -644.04%.

QuantumScape Corp (QS) Insider Updates

A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of QuantumScape Corp is 30.69%, while institutional ownership is 22.79%. 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) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.23 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.34) by 0.11. 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 -1.57% 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

Check out the current performance indicators for QuantumScape Corp (QS). In the past quarter, the stock posted a quick ratio of 14.07.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.95, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.90 in one year’s time.

Technical Analysis of QuantumScape Corp (QS)

QuantumScape Corp (NYSE: QS) saw its 5-day average volume 9.63 million, a positive change from its year-to-date volume of 8.72 million. As of the previous 9 days, the stock’s Stochastic %D was 2.39%. Additionally, its Average True Range was 0.34.

During the past 100 days, QuantumScape Corp’s (QS) raw stochastic average was set at 8.66%, which indicates a significant increase from 1.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 109.28% in the past 14 days, which was higher than the 80.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.62, while its 200-day Moving Average is $5.97. Nevertheless, the first resistance level for the watch stands at $5.21 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 $5.01, it is likely to go to the next support level at $4.94. Assuming the price breaks the second support level, the third support level stands at $4.81.

QuantumScape Corp (NYSE: QS) Key Stats

There are currently 512,471K shares outstanding in the company with a market cap of 2.59 billion. Presently, the company’s annual sales total 0 K according to its annual income of -445,150 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -119,570 K.