QuantumScape Corporation [QS] fell -62.56% so far this year. What now?

QuantumScape Corporation [NYSE: QS] closed the trading session at $31.62 on 04/19/21. The day’s price range saw the stock hit a low of $31.05, while the highest price level was $35.51. The company report on April 16, 2021 that Celina Mikolajczak to join QuantumScape Board.

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Brings additional large-scale battery manufacturing expertise.

QuantumScape Corporation (NYSE: QS, or “QuantumScape”) announced the appointment of Celina Mikolajczak to its board as an independent director. Ms. Mikolajczak is currently Vice-President of Engineering & Battery Technology at Panasonic Energy of North America and has played an integral role in the development and scale-up of some of the most important battery technologies behind ’s electric vehicle revolution. Prior to joining Panasonic, Ms. Mikolajczak served as Director of Engineering focused on battery development for rideshare vehicles at Uber Technologies. Before that, she worked at Tesla Motors as the Senior Manager for Cell Quality and Materials Engineering, helping to develop the battery cells and packs for Tesla’s Model S, Model X, Model 3, and Roadster Refresh.

The stocks have a year to date performance of -62.56 percent and weekly performance of -24.44 percent. The stock has been moved at 115.84 percent over the last six months. The stock has performed -44.50 percent around the most recent 30 days and changed -41.43 percent over the most recent 3-months.

If compared to the average trading volume of 15.49M shares, QS reached to a volume of 21472876 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about QuantumScape Corporation [QS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QS shares is $57.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QS stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cowen have made an estimate for QuantumScape Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 09, 2021. While these analysts kept the previous recommendation, Robert W. Baird raised their target price to Neutral. The new note on the price target was released on March 04, 2021, representing the official price target for QuantumScape Corporation stock. Previously, the target price had yet another raise to $70, while Morgan Stanley analysts kept a Overweight rating on QS stock.

The Average True Range (ATR) for QuantumScape Corporation is set at 4.61 The Price to Book ratio for the last quarter was 7.66, with the Price to Cash per share for the same quarter was set at 2.64.

QS stock trade performance evaluation

QuantumScape Corporation [QS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -24.44. With this latest performance, QS shares dropped by -44.50% in over the last four-week period, additionally plugging by 115.84% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for QS stock in for the last two-week period is set at 29.02, with the RSI for the last a single of trading hit 19.73, and the three-weeks RSI is set at 35.22 for QuantumScape Corporation [QS]. The present Moving Average for the last 50 days of trading for this stock 50.75, while it was recorded at 37.22 for the last single week of trading.

QuantumScape Corporation [QS]: An insightful look at the core fundamentals

Return on Total Capital for QS is now -13.29, given the latest momentum, and Return on Invested Capital for the company is -181.22. Return on Equity for this stock declined to -184.83, with Return on Assets sitting at -177.53. When it comes to the capital structure of this company, QuantumScape Corporation [QS] has a Total Debt to Total Equity ratio set at 1.20. Additionally, QS Total Debt to Total Capital is recorded at 1.18, with Total Debt to Total Assets ending up at 1.17. Long-Term Debt to Equity for the company is recorded at 1.08, with the Long-Term Debt to Total Capital now at 1.07.

Reflecting on the efficiency of the workforce at the company, QuantumScape Corporation [QS] managed to generate an average of -$3,845,853 per employee.QuantumScape Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 81.70 and a Current Ratio set at 81.70.

QuantumScape Corporation [QS]: Insider Ownership positions

There are presently around $2,203 million, or 35.90% of QS stock, in the hands of institutional investors. The top three institutional holders of QS stocks are: FMR LLC with ownership of 12,500,000, which is approximately New of the company’s market cap and around 34.30% of the total institutional ownership; JANUS HENDERSON GROUP PLC, holding 9,029,133 shares of the stock with an approximate value of $285.5 million in QS stocks shares; and BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY, currently with $245.14 million in QS stock with ownership of nearly New of the company’s market capitalization.

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Positions in QuantumScape Corporation stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 164 institutional holders increased their position in QuantumScape Corporation [NYSE:QS] by around 67,853,667 shares. Additionally, 42 investors decreased positions by around 4,618,698 shares, while 4 investors held positions by with 2,793,165 shares. The mentioned changes placed institutional holdings at 69,679,200 shares, according to the latest SEC report filing. QS stock had 138 new institutional investments in for a total of 54,213,431 shares, while 30 institutional investors sold positions of 4,142,543 shares during the same period.

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