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 $4.88 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 $5.2 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 Tuesday, QuantumScape Corp [NYSE:QS] saw its stock fall -4.99% to $4.76. Over the last five days, the stock has lost -6.11%. QuantumScape Corp shares have fallen nearly -8.29% since the year began. Nevertheless, the stocks have fallen -36.53% 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 02/11/25. SMA at 50 days reached $5.24, while 200 days put it at $5.60.
Levels Of Support And Resistance For QS Stock
The 24-hour chart illustrates a support level at 4.68, which if violated will result in even more drops to 4.59. On the upside, there is a resistance level at 4.93. A further resistance level may holdings at 5.09. The Relative Strength Index (RSI) on the 14-day chart is 38.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 100.00%. Stochastics %K at 14.62% 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 2025-01-31, dropping by -2.88 million shares to a total of 65.68 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 68.57 million shares. There was a decline of -4.39%, 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.
