QuantumScape Corp (NYSE: QS) is 1.16% higher on its value in year-to-date trading and has touched a low of $4.65 and a high of $9.52 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The QS stock was last observed hovering at around $5.39 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $5.25, the stock is -4.26% and 0.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.43 million and changing -2.60% at the moment leaves the stock -7.43% off its SMA200. QS registered -35.19% loss for a year compared to 6-month loss of -39.10%. The firm has a 50-day simple moving average (SMA 50) of $5.217 and a 200-day simple moving average (SMA200) of $5.676.
The stock witnessed a 5.21% gain in the last 1 month and extending the period to 3 months gives it a -6.58%, and is -20.21% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.93% over the week and 8.90% over the month.
QuantumScape Corp (QS) has around 850 employees, a market worth around $2.69B and $0.00M in sales. Distance from 52-week low is 12.90% and -44.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-39.79%).
The EPS is expected to shrink by -2.19% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
QuantumScape Corp (QS) Top Institutional Holders
454.0 institutions hold shares in QuantumScape Corp (QS), with institutional investors hold 38.55% of the company’s shares. The shares outstanding are 457.54M, and float is at 356.68M with Short Float at 19.22%. Institutions hold 31.63% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 31.21 million shares valued at $153.56 million. The investor’s holdings represent 6.2906% of the QS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.71 million shares valued at $77.31 million to account for 3.1671 of the shares outstanding. The other top investors are CAPRICORN INVESTMENT GROUP LLC which holds 14.79 million shares representing 2.9819% and valued at over $72.79 million, while STATE STREET CORP holds 1.1752 of the shares totaling 5.83 million with a market value of $28.69 million.
QuantumScape Corp (QS) Insider Activity
The most recent transaction is an insider sale by Singh Mohit, the company’s CHIEF DEVELOPMENT OFFICER. SEC filings show that Singh Mohit sold 97,305 shares of the company’s common stock on Dec 27 ’24 at a price of $6.24 per share for a total of $0.61 million. Following the sale, the insider now owns 1.09 million shares.
QuantumScape Corp disclosed in a document filed with the SEC on Dec 26 ’24 that Singh Mohit (CHIEF DEVELOPMENT OFFICER) sold a total of 82,695 shares of the company’s common stock. The trade occurred on Dec 26 ’24 and was made at $6.16 per share for $0.51 million. Following the transaction, the insider now directly holds 1.09 million shares of the QS stock.
Still, SEC filings show that on Dec 27 ’24, Singh Mohit (Officer) Proposed Sale 97,305 shares at an average price of $6.24 for $0.61 million. The insider now directly holds shares of QuantumScape Corp (QS).
