QuantumScape Corporation market capitalization [QS] reached 16.77B – what now? – DBT news
QuantumScape Company [NYSE: QS] the stock followed a downtrend of over -2.24% on Friday, which equates to a week-on-week price increase of over 25.11%. The company reports on November 8, 2021 that QuantumScape is securing the campus in San Jose, California.
Expansion to three new facilities to evolve advanced manufacturing capabilities.
QuantumScape Corporation (NYSE: QS) announced the QS Campus – the future center of its upcoming manufacturing activities – after securing a new complex of buildings in San Jose. The new campus includes the current QS-0 site, the QuantumScape pre-pilot production line, and the three adjacent new buildings. QS Campus is a key component of QuantumScape’s multi-year strategic growth plan as it moves closer to commercialization of its lithium-metal solid-state battery technology.
Over the past 12 months, QS stock has risen 171.40%. QuantumScape Corporation’s one-year stock forecast indicates a potential decline of -7.21. QS’s stock average rating is currently 2.70, approaching an uptrend in the stock market.
The share’s market capitalization reached $ 16.77 billion, with 417.83 million shares outstanding and 238.52 million shares in the current float. Compared to the average trading volume of 10.88 million shares, QS stock reached a trading volume of 13,759,036 in the last day of trading, which is why market watchdogs consider that the action is active.
Guru’s Opinion on QuantumScape Corporation [QS]:
Based on careful, factual analysis by Wall Street experts, the current consensus on the target price for QS shares is $ 36.20 per share. Analysis of target price and stock performance is usually carefully considered by market experts, and the current Wall Street consensus for QS stock is a recommendation set at 2.70. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means a strong sell, 4 represents a sell, 3 is a hold, and 2 indicates a buy.
JP Morgan has estimated shares of QuantumScape Corporation, keeping their opinion on the stock as neutral, with their previous recommendation of July 21, 2021. While these analysts have maintained the previous recommendation, Wolfe Research has raised its target price to Peer Perform. The new target price note was released on June 17, 2021, representing the official price target for QuantumScape Corporation shares. Previously, the target price had risen further to $ 57, while Cowen analysts maintained an outperformance rating for QS stock.
The Average True Range (ATR) for QuantumScape Corporation is set at 2.71. The Price to Book ratio for the last quarter was 9.80, with the Price to Cash per share for the same quarter was set at 3.57.
Analysis of the performance of QS shares:
QuantumScape Company [QS] gaining in the green zone at the end of last week, gaining in a positive trend and gaining 25.11. With this latest performance, QS shares have gained 57.70% in the past four weeks, on top of 40.21% in the past 6 months – not to mention a 171.40% rise in the last four weeks. last year of negotiation.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result above 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent neutral market dynamics. The current RSI for QS stock over the last two-week period is set at 70.24, the RSI for the latest single from the exchanges hit 71.13, and the three-week RSI is set at 68.73 for QuantumScape Corporation. [QS]. The current moving average for the last 50 trading days for this stock is 25.80, while it was recorded at 37.41 for the last week of trading and 32.76 for the last 200 days.
Overview of QuantumScape Corporation Fundamentals:
The total ROI for QS is now -30.58, given the latest dynamic, and the ROI for the company is -641.69. The return on equity for this stock declined to -672.09, with a return on assets of -271.44. With regard to the capital structure of this company, QuantumScape Corporation [QS] has a ratio of total debt to total equity set at 3.54. In addition, QS’s total debt to total capital is recorded at 3.42, with total debt to total assets ending at 1.17. Long-term debt to equity of the company is recorded at 3.20, with long-term debt to total capital now being 3.09.
Reflecting on the efficiency of the workforce in the company, QuantumScape Corporation [QS] managed to generate an average of -5,880,339 $ per employee. Equally interesting and compelling is the liquidity data from QuantumScape Corporation, with a quick ratio of 42.80 and a current ratio set at 42.80.
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QuantumScape Company [QS] Insider Position Details
There are currently approximately $ 3,064 million, or 28.70% of QS shares, in the hands of institutional investors. The top three institutional holders of QS shares are: VANGUARD GROUP INC with ownership of 15,109,972, which represents approximately 29.204% of the market capitalization of the company and approximately 2.20% of the total institutional ownership; BLACKROCK INC., Holding 7,827,223 shares with an approximate value of $ 303.77 million in QS shares; and NORGES BANK, currently with $ 252.26 million in QS shares with nearly New ownership of the company’s market capitalization.
Positions in QuantumScape Corporation shares held by institutional investors increased at the end of October and at the time of the October reporting period, when 188 institutional holders increased their position in QuantumScape Corporation [NYSE:QS] by approximately 27,112,720 shares. In addition, 108 investors reduced their positions by approximately 12,596,895 shares, while 73 investors held positions with 39,242,742 shares. The mentioned changes place institutional holdings at 78,952,357 shares, according to the latest report filed with the SEC. QS share had 85 new institutional investments for a total of 12,391,076 shares, while 57 institutional investors sold positions of 4,964,909 shares during the same period.