QuantumScape Corp’s recent filing unveils that its CHIEF FINANCIAL OFFICER Hettrich Kevin unloaded Company’s shares for reported $0.19 million on Jan 27 ’25. In the deal valued at $5.06 per share,36,949 shares were sold. As a result of this transaction, Hettrich Kevin now holds 1,024,325 shares worth roughly $5.3 million.
Then, Jagdeep Singh bought 249,960 shares, generating $1,279,795 in total proceeds.
Before that, Singh Mohit sold 97,305 shares. QuantumScape Corp shares valued at $607,310 were divested by the CHIEF DEVELOPMENT OFFICER at a price of $6.24 per share. As a result of the transaction, Singh Mohit now holds 1,092,020 shares, worth roughly $5.65 million.
HSBC Securities upgraded its QuantumScape Corp [QS] rating to a Hold from a a Reduce in a research note published recently. William Blair started covering the stock on December 18, 2023. It rated QS as “a Mkt perform”.
Price Performance Review of QS
On Friday, QuantumScape Corp [NYSE:QS] saw its stock fall -0.58% to $5.17. Over the last five days, the stock has gained 0.19%. QuantumScape Corp shares have fallen nearly -0.39% since the year began. Nevertheless, the stocks have fallen -26.56% over the past one year. While a 52-week high of $9.52 was reached on 01/07/25, a 52-week low of $4.65 was recorded on 01/28/25. SMA at 50 days reached $5.26, while 200 days put it at $5.62.
Levels Of Support And Resistance For QS Stock
The 24-hour chart illustrates a support level at 4.98, which if violated will result in even more drops to 4.79. On the upside, there is a resistance level at 5.47. A further resistance level may holdings at 5.76. The Relative Strength Index (RSI) on the 14-day chart is 47.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.17%. Stochastics %K at 25.37% indicates the stock is a holding.
How much short interest is there in QuantumScape Corp?
A steep rise in short interest was recorded in QuantumScape Corp stocks on 2025-01-15, dropping by -1.44 million shares to a total of 64.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 65.97 million shares. There was a decline of -2.23%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 04, 2023 when HSBC Securities began covering the stock and recommended ‘”a Reduce”‘ rating along with a $4.70 price target.
