QuantumScape Corp’s recent filing unveils that its Director Singh Jagdeep acquired Company’s shares for reported $0.13 million on Nov 18 ’24. In the deal valued at $4.74 per share,26,816 shares were bought.
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Then, Sivaram Srinivasan bought 30,462 shares, generating $144,390 in total proceeds.
Before that, Singh Mohit bought 28,696 shares. QuantumScape Corp shares valued at $136,019 were divested by the Officer at a price of $4.74 per share.
William Blair began covering QS with “Mkt perform” recommendation on December 18, 2023. HSBC Securities started covering the stock on December 04, 2023. It rated QS as “a Reduce”.
Price Performance Review of QS
On Monday, QuantumScape Corp [NYSE:QS] saw its stock fall -0.21% to $4.73. Over the last five days, the stock has lost -6.34%. QuantumScape Corp shares have fallen nearly -31.94% since the year began. Nevertheless, the stocks have fallen -19.56% over the past one year. While a 52-week high of $10.03 was reached on 01/04/24, a 52-week low of $4.67 was recorded on 11/18/24. SMA at 50 days reached $5.47, while 200 days put it at $5.87.
Levels Of Support And Resistance For QS Stock
The 24-hour chart illustrates a support level at 4.64, which if violated will result in even more drops to 4.56. On the upside, there is a resistance level at 4.82. A further resistance level may holdings at 4.91. The Relative Strength Index (RSI) on the 14-day chart is 36.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.80%. Stochastics %K at 4.95% indicates the stock is a buying.
How much short interest is there in QuantumScape Corp?
A steep rise in short interest was recorded in QuantumScape Corp stocks on 2024-10-31, growing by 6.25 million shares to a total of 62.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 55.78 million shares. There was a rise of 10.07%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 18, 2023 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $10 price target.
