A share price of QuantumScape Corp [QS] is currently trading at $5.95, down -3.09%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The QS shares have gain 25.79% over the last week, with a monthly amount glided 15.31%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
QuantumScape Corp [NYSE: QS] stock has seen the most recent analyst activity on November 19, 2024, when HSBC Securities upgraded its rating to a Hold but kept the price target unchanged to $5.30 for it. William Blair started tracking the stock assigning a Mkt Perform rating. HSBC Securities initiated its recommendation with a Reduce and recommended $4.70 as its price target on December 04, 2023. Evercore ISI started tracking with a Outperform rating for this stock on September 18, 2023, and assigned it a price target of $10. In a note dated July 19, 2023, TD Cowen downgraded an Market Perform rating on this stock and revised its target price from $14 to $8.
QuantumScape Corp experienced fluctuations in its stock price throughout the past year between $4.65 and $10.03. Currently, Wall Street analysts expect the stock to reach $6.15 within the next 12 months. QuantumScape Corp [NYSE: QS] shares were valued at $5.95 at the most recent close of the market. An investor can expect a potential return of 3.36% based on the average QS price forecast.
Analyzing the QS fundamentals
Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at -7.04%, Pretax Profit Margin comes in at -6.44%, and Net Profit Margin reading is -6.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.37, Equity is -0.39 and Total Capital is -0.43. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.68 points at the first support level, and at 5.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.30, and for the 2nd resistance point, it is at 6.64.
Ratios To Look Out For
To put it in perspective, the Current Ratio for QuantumScape Corp [NYSE:QS] is 14.07. In addition, the Quick Ratio stands at 14.07 and the Cash Ratio stands at 2.88.
Transactions by insiders
Recent insider trading involved Singh Mohit, CHIEF DEVELOPMENT OFFICER, that happened on Dec 27 ’24 when 97305.0 shares were sold. CHIEF DEVELOPMENT OFFICER, Singh Mohit completed a deal on Dec 26 ’24 to sell 82695.0 shares. Meanwhile, Officer Singh Mohit bought 97305.0 shares on Dec 27 ’24.
