Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. QuantumScape Corp shares valued at $607,310 were sold by Singh Mohit on Dec 27 ’24. At $6.24 per share, Singh Mohit sold 97,305 shares. The insider’s holdings dropped to 1,092,020 shares worth approximately $5.67 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Singh Mohit sold 82,695 shares, netting a total of over 509,062 in proceeds. Following the sale of shares at $6.16 each, the insider now holds 1,092,020 shares.
Before that, Singh Mohit had added 97,305 shares to its account. In a trade valued at $607,310, the Officer bought QuantumScape Corp shares for $6.24 each.
As published in a research note from HSBC Securities on November 19, 2024, QuantumScape Corp [QS] has been rated up from a Reduce to a Hold and the price target has been revised to $5.30. Earlier on December 18, 2023, William Blair initiated its rating. Their recommendation was “a Mkt perform” for QS stock.
Analyzing QS Stock Performance
During the last five days, there has been a surge of approximately 0.78%. Over the course of the year, QuantumScape Corp shares have dropped approximately -25.32%. Shares of the company reached a 52-week high of $10.03 on 01/04/24 and a 52-week low of $4.65 on 11/18/24. A 50-day SMA is recorded $5.18, while a 200-day SMA reached $5.67. Nevertheless, trading volume fell to 17.78 million shares from 28.6 million shares the previous day.
Support And Resistance Levels for QuantumScape Corp (QS)
According to the 24-hour chart, there is a support level at 5.02, which, if violated, would cause prices to drop to 4.84. In the upper region, resistance lies at 5.49. The next price resistance is at 5.78. RSI (Relative Strength Index) is 49.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.31, which suggests the price will decrease in the coming days. Percent R is at 69.91%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
