QuantumScape Corp [NYSE: QS] surged by $0.19 during the normal trading session on while it closed the day at $5.35.
QuantumScape Corp stock has also gained 13.11% of its value over the past 7 days. However, QS stock has declined by -10.68% in the 3 months of the year. Over the past six months meanwhile, it has lost -7.76% and lost -23.02% year-on date.
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The market cap for QS stock reached $2.81 billion, with 433.16 million shares outstanding and 356.50 million shares in the current float. Compared to the average trading volume of 8.09M shares, QS reached a trading volume of 16460039 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 Corp [QS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QS shares is $6.47 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 3.20. 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.
HSBC Securities have made an estimate for QuantumScape Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 19, 2024. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Hold. The new note on the price target was released on September 10, 2024, representing the official price target for QuantumScape Corp stock.
The Average True Range (ATR) for QuantumScape Corp is set at 0.28 The Price to Book ratio for the last quarter was 2.47, with the Price to Cash per share for the same quarter was set at 1.60.
QS stock trade performance evaluation
QuantumScape Corp [QS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.11. With this latest performance, QS shares dropped by -13.57% in over the last four-week period, additionally sinking by -7.76% over the last 6 months – not to mention a drop of -6.63% in the past year of trading.
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 55.15, with the RSI for the last a single of trading hit 63.13, and the three-weeks RSI is set at 51.55 for QuantumScape Corp [QS]. The present Moving Average for the last 50 days of trading for this stock 5.40, while it was recorded at 5.11 for the last single week of trading, and 5.82 for the last 200 days.
QuantumScape Corp [QS]: An insightful look at the core fundamentals
QuantumScape Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 14.07 and a Current Ratio set at 14.07.
Earnings per share (EPS) analysis for QuantumScape Corp [QS] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for QS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for QuantumScape Corp go to 25.88%.
QuantumScape Corp [QS]: Institutional Ownership
There are presently around $31.50%, or 38.40%% of QS stock, in the hands of institutional investors. The top three institutional holders of QS stocks are: VANGUARD GROUP INC with ownership of 31.21 million shares, which is approximately 6.2906%. BLACKROCK INC., holding 15.71 million shares of the stock with an approximate value of $$77.31 million in QS stocks shares; and BLACKROCK INC., currently with $$72.79 million in QS stock with ownership which is approximately 2.9819%.
