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The price of QuantumScape Corp (NYSE: QS) closed at $5.39 in the last session, up 0.56% from day before closing price of $5.36. In other words, the price has increased by $0.56 from its previous closing price. On the day, 7.44 million shares were traded. QS stock price reached its highest trading level at $5.47 during the session, while it also had its lowest trading level at $5.18.
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 18.98 and its Current Ratio is at 18.98. 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:
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 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 2672410368 and an Enterprise Value of 1704007808.
Stock Price History:
The Beta on a monthly basis for QS is 4.71, which has changed by -0.26063102 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, QS has reached a high of $13.86, while it has fallen to a 52-week low of $4.99. The 50-Day Moving Average of the stock is -12.61%, while the 200-Day Moving Average is calculated to be -22.48%.
Shares Statistics:
According to the various share statistics, QS traded on average about 6.58M shares per day over the past 3-months and 7455630 shares per day over the past 10 days. A total of 433.16M shares are outstanding, with a floating share count of 337.35M. Insiders hold about 31.96% of the company’s shares, while institutions hold 24.87% stake in the company. Shares short for QS as of 1711584000 were 56194066 with a Short Ratio of 8.54, compared to 1709164800 on 54910170. Therefore, it implies a Short% of Shares Outstanding of 56194066 and a Short% of Float of 15.540000000000001.
