Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
QuantumScape Corp (NYSE: QS) closed the day trading at $5.44 down -2.51% from the previous closing price of $5.58. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 4.13 million shares were traded. QS stock price reached its highest trading level at $5.505 during the session, while it also had its lowest trading level at $5.34.
Ratios:
For a better understanding of QS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.38 and its Current Ratio is at 10.38. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
On December 04, 2023, HSBC Securities started tracking the stock assigning a Reduce rating and target price of $4.70.
On September 18, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $10.Evercore ISI initiated its Outperform rating on September 18, 2023, with a $10 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 08 ’24 when Hettrich Kevin sold 34,607 shares for $6.14 per share. The transaction valued at 212,618 led to the insider holds 1,178,512 shares of the business.
Hettrich Kevin sold 34,607 shares of QS for $211,383 on Mar 11 ’24. The CHIEF FINANCIAL OFFICER now owns 556,302 shares after completing the transaction at $6.11 per share. On Mar 05 ’24, another insider, MCCARTHY MICHAEL O III, who serves as the CHIEF LEGAL OFFICER of the company, sold 9,937 shares for $6.00 each. As a result, the insider received 59,641 and left with 711,756 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QS now has a Market Capitalization of 2717454080 and an Enterprise Value of 1878210944.
Stock Price History:
Over the past 52 weeks, QS has reached a high of $13.86, while it has fallen to a 52-week low of $4.92. The 50-Day Moving Average of the stock is -6.42%, while the 200-Day Moving Average is calculated to be -18.74%.
Shares Statistics:
Over the past 3-months, QS traded about 6.45M shares per day on average, while over the past 10 days, QS traded about 6357690 shares per day. A total of 433.16M shares are outstanding, with a floating share count of 340.19M. Insiders hold about 31.90% of the company’s shares, while institutions hold 25.59% stake in the company. Shares short for QS as of 1713139200 were 56409609 with a Short Ratio of 8.75, compared to 1710460800 on 54688556. Therefore, it implies a Short% of Shares Outstanding of 56409609 and a Short% of Float of 15.459999999999999.
