rts logo

QuantumScape Corp (QS) Looks Ready for Growth Despite -4.82% Change This Year

QuantumScape Corp (NYSE: QS) is -4.82% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QS stock was last observed hovering at around $5.01 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $4.94, the stock is -4.24% and -6.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.36 million and changing -1.40% at the moment leaves the stock -11.94% off its SMA200. QS registered -33.15% loss for a year compared to 6-month gain of -12.72%. The firm has a 50-day simple moving average (SMA 50) of $5.2556 and a 200-day simple moving average (SMA200) of $5.6101.

The stock witnessed a -21.46% loss in the last 1 month and extending the period to 3 months gives it a -5.00%, and is -4.45% 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 3.45% over the week and 5.21% over the month.

QuantumScape Corp (QS) has around 850 employees, a market worth around $2.53B and $0.00M in sales. Distance from 52-week low is 6.24% and -48.11% 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

452.0 institutions hold shares in QuantumScape Corp (QS), with institutional investors hold 38.20% of the company’s shares. The shares outstanding are 457.54M, and float is at 356.39M with Short Float at 18.11%. Institutions hold 31.32% 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 Hettrich Kevin, the company’s CHIEF FINANCIAL OFFICER. SEC filings show that Hettrich Kevin sold 36,949 shares of the company’s common stock on Jan 27 ’25 at a price of $5.06 per share for a total of $0.19 million. Following the sale, the insider now owns 1.02 million shares.

Still, SEC filings show that on Dec 27 ’24, Singh Mohit (CHIEF DEVELOPMENT OFFICER) disposed off 97,305 shares at an average price of $6.24 for $0.61 million. The insider now directly holds 1,092,020 shares of QuantumScape Corp (QS).

Related Posts