Market Recap Check: QuantumScape Corp (QS)’s Positive Finish at 5.48, Up/Down 2.05

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of QuantumScape Corp (NYSE: QS) closed at $5.48 in the last session, up 2.05% from day before closing price of $5.37. In other words, the price has increased by $2.05 from its previous closing price. On the day, 4.08 million shares were traded. QS stock price reached its highest trading level at $5.6 during the session, while it also had its lowest trading level at $5.36.

Ratios:

We take a closer look at QS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 8.66 and its Current Ratio is at 8.66. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.

On December 04, 2023, HSBC Securities started tracking the stock assigning a Reduce rating and target price of $4.70.HSBC Securities initiated its Reduce rating on December 04, 2023, with a $4.70 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 21 ’24 when MCCARTHY MICHAEL O III sold 50,575 shares for $5.99 per share. The transaction valued at 303,025 led to the insider holds 1,184,745 shares of the business.

Holme Timothy sold 44,306 shares of QS for $270,559 on Aug 21 ’24. The CHIEF TECHNOLOGY OFFICER now owns 1,168,496 shares after completing the transaction at $6.11 per share. On Aug 21 ’24, another insider, Prinz Fritz, who serves as the Director of the company, sold 12,908 shares for $5.96 each. As a result, the insider received 76,929 and left with 254,103 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 2717827840 and an Enterprise Value of 1934898432.

Stock Price History:

Over the past 52 weeks, QS has reached a high of $10.03, while it has fallen to a 52-week low of $4.67. The 50-Day Moving Average of the stock is -12.04%, while the 200-Day Moving Average is calculated to be -12.50%.

Shares Statistics:

According to the various share statistics, QS traded on average about 9.89M shares per day over the past 3-months and 4455940 shares per day over the past 10 days. A total of 433.16M shares are outstanding, with a floating share count of 350.76M. Insiders hold about 30.69% of the company’s shares, while institutions hold 23.17% stake in the company. Shares short for QS as of 1723680000 were 56700894 with a Short Ratio of 5.73, compared to 1721001600 on 57098143. Therefore, it implies a Short% of Shares Outstanding of 56700894 and a Short% of Float of 15.260000000000002.

Most Popular