The stock of QuantumScape Corp (QS) has seen a -7.75% decrease in the past week, with a -9.76% drop in the past month, and a -18.17% decrease in the past quarter. The volatility ratio for the week is 5.66%, and the volatility levels for the past 30 days are at 5.07% for QS. The simple moving average for the last 20 days is -8.93% for QS stock, with a simple moving average of -23.09% for the last 200 days.
Is It Worth Investing in QuantumScape Corp (NYSE: QS) Right Now?
The stock has a 36-month beta value of 4.73. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for QS is 337.35M, and at present, short sellers hold a 16.66% of that float. On April 22, 2024, the average trading volume of QS was 6.59M shares.
QS) stock’s latest price update
QuantumScape Corp (NYSE: QS) has seen a decline in its stock price by -1.65 in relation to its previous close of 5.45. However, the company has experienced a -7.75% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-21 that Tesla (NASDAQ: TSLA ) is preparing to lay off over 10% of its staff. Ford (NYSE: F ) is slashing the prices on some EVs by as much as $5,500.
Analysts’ Opinion of QS
HSBC Securities, on the other hand, stated in their research note that they expect to see QS reach a price target of $4.70. The rating they have provided for QS stocks is “Reduce” according to the report published on December 04th, 2023.
Evercore ISI gave a rating of “Outperform” to QS, setting the target price at $10 in the report published on September 18th of the previous year.
QS Trading at -13.64% from the 50-Day Moving Average
After a stumble in the market that brought QS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.33% of loss for the given period.
Volatility was left at 5.07%, however, over the last 30 days, the volatility rate increased by 5.66%, as shares sank -8.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.47% lower at present.
During the last 5 trading sessions, QS fell by -7.75%, which changed the moving average for the period of 200-days by -37.82% in comparison to the 20-day moving average, which settled at $5.86. In addition, QuantumScape Corp saw -22.88% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at QS starting from Hettrich Kevin, who sale 34,607 shares at the price of $6.14 back on Apr 08 ’24. After this action, Hettrich Kevin now owns 1,178,512 shares of QuantumScape Corp, valued at $212,618 using the latest closing price.
Hettrich Kevin, the CHIEF FINANCIAL OFFICER of QuantumScape Corp, sale 34,607 shares at $6.11 during a trade that took place back on Mar 11 ’24, which means that Hettrich Kevin is holding 556,302 shares at $211,383 based on the most recent closing price.
Stock Fundamentals for QS
The total capital return value is set at -0.33. Equity return is now at value -33.52, with -29.90 for asset returns.
Based on QuantumScape Corp (QS), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -2.39. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -201.53.
Currently, EBITDA for the company is -415.54 million with net debt to EBITDA at 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 18.98.
Conclusion
To sum up, QuantumScape Corp (QS) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
