QuantumScape Corp’s filing revealed that its CHIEF FINANCIAL OFFICER Hettrich Kevin unloaded Company’s shares for reported $0.21 million on Apr 08 ’24. In the deal valued at $6.14 per share,34,607 shares were sold. As a result of this transaction, Hettrich Kevin now holds 1,178,512 shares worth roughly $6.38 million.
Then, Hettrich Kevin sold 34,607 shares, generating $211,383 in total proceeds. Upon selling the shares at $6.11, the CHIEF FINANCIAL OFFICER now owns 556,302 shares.
Before that, MCCARTHY MICHAEL O III sold 9,937 shares. QuantumScape Corp shares valued at $59,641 were divested by the CHIEF LEGAL OFFICER at a price of $6.00 per share. As a result of the transaction, MCCARTHY MICHAEL O III now holds 711,756 shares, worth roughly $3.85 million.
William Blair initiated its QuantumScape Corp [QS] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who began to cover the stock in early December with a ‘”a Reduce”‘ rating. Evercore ISI began covering QS with “an Outperform” recommendation on September 18, 2023. TD Cowen revised its rating on July 19, 2023. It rated QS as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of QS
On Monday, QuantumScape Corp [NYSE:QS] saw its stock fall -6.88% to $5.41. Over the last five days, the stock has lost -11.89%. QuantumScape Corp shares have fallen nearly -22.16% since the year began. Nevertheless, the stocks have fallen -30.82% over the past one year. While a 52-week high of $13.86 was reached on 01/04/24, a 52-week low of $4.99 was recorded on 04/15/24. SMA at 50 days reached $6.30, while 200 days put it at $7.01. A total of 10.26 million shares were traded, compared to the trading of 5.77 million shares in the previous session.
Levels Of Support And Resistance For QS Stock
The 24-hour chart illustrates a support level at 5.20, which if violated will result in even more drops to 4.99. On the upside, there is a resistance level at 5.74. A further resistance level may holdings at 6.06. The Relative Strength Index (RSI) on the 14-day chart is 37.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.04%. Stochastics %K at 25.44% indicates the stock is a holding.
