QuantumScape Corp (NYSE:QS) price on current trading day, rose 0.11% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.49.
A look at the stock’s price movement, the level at last check in today’s session was $4.49, moving within a range at $4.4 and $4.53. The beta value (5-Year monthly) was 4.455. Turning to its 52-week performance, $9.52 and $4.05 were the 52-week high and 52-week low respectively. Overall, QS moved -13.56% over the past month.
QuantumScape Corp’s market cap currently stands at around $2.46 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-11.
Turning to the stock’s technical picture we see that short term indicators suggest on average that QS is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 1 recommend QS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
QS’s current price about -0.96% and -9.02% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.99, while 7-day volatility ratio is 3.51% and 5.33% in the 30-day chart. Further, QuantumScape Corp (QS) has a beta value of 4.37, and an average true range (ATR) of 0.24. Analysts have given the company’s stock an average 52-week price target of $5.3, forecast between a low of $5.3 and high of $5.3. Looking at the price targets, the low is -18.04% off recent price level in today’s trading while to achieve the yearly target high, it has to move -18.04%. Nonetheless, investors will most likely welcome a -18.04% jump to $5.3 which is the analysts’ median price.
If we refocus on QuantumScape Corp (NYSE:QS), historical trading data shows that trading volumes averaged 8.75 over the past 10 days and 15.13 million over the past 3 months. The company’s latest data on shares outstanding shows there are 487.88 million shares.
The 28.47% of QuantumScape Corp’s shares are in the hands of company insiders while institutional holders own 24.77% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 63.38 million on 2025-02-28, giving us a short ratio of 4.58. The data shows that as of 2025-02-28 short interest in QuantumScape Corp (QS) stood at 1496.0 of shares outstanding, with shares short falling to 65.68 million registered in 2025-01-31. Current price change has pushed the stock -13.39% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the QS stock continues to rise going into the next quarter.
