QuantumScape Corp (NYSE: QS): Retirees Don’t Worry About Volatility

QuantumScape Corp (NYSE:QS) currently has a daily average trading volume of 10.95M but it saw 12953714 shares traded in last market. With a market cap of 2.19B USD, the company’s current market price of $3.91 came falling about -2.01 while comparing to the previous closing price of $3.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.52 and as low as $3.40.

Taking a look at 20-day trading activity of QuantumScape Corp (QS) gives us an average price of $4.05, while its current price level is -58.93% below from 52-week high level whereas it is 15.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.09 while that of 200 days or SMA-200 reads an average of $5.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.27% during that period while stretching the period over a month that decreases to 5.31%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.18 which implies that the stock is in neutral territory.

HSBC Securities upgraded its recommendation for the stock as a “Hold” from “Reduce” on November 19, 2024 while assigning a price target of $5.30. Deutsche Bank issued its recommendations for the stock as it resumed the price target for the stock is $6.

Over the week, QS’s stock price is moving -9.49% down while it is 1.03% when we observe its performance for the past one month. Year-to-date it is -24.66% down and over the past year, the stock is showing a downside performance of -30.18%.

Currently, QuantumScape Corp’s total number of outstanding shares is 515.66M with 20.02% of that held by the insiders while 32.87% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -39.60% and return on equity (ROE) at -39.86%. Stock’s beta reads 4.31. Stock has a price to book (P/B) ratio of 1.97. Its return on asset (ROA) is -34.64% on average.