QuantumScape Stock Is 27% Down In The Last 21 Sessions

(VIANEWS) – Shares of QuantumScape (NYSE: QS) dropped by a staggering 27.59% in 21 sessions from $9.54 to $6.91 at 13:09 EST on Wednesday, after two consecutive sessions in a row of losses. NYSE is falling 2.57% to $14,561.30, following the last session’s upward trend.

QuantumScape’s last close was $7.05, 68.26% below its 52-week high of $22.21.

About QuantumScape

QuantumScape Corporation, a development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, QuantumScape has a trailing twelve months EPS of $-3.85.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -24.31%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, QuantumScape’s stock is considered to be oversold (<=20).

Moving Average

QuantumScape’s value is way below its 50-day moving average of $8.14 and way below its 200-day moving average of $9.07.

Volume

Today’s last reported volume for QuantumScape is 1890920 which is 74.63% below its average volume of 7131810.

Volatility

QuantumScape’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.82%, a negative 3.29%, and a positive 5.39%.

QuantumScape’s highest amplitude of average volatility was 2.73% (last week), 5.30% (last month), and 5.39% (last quarter).

More news about QuantumScape (QS).

Leave a Reply

Your email address will not be published. Required fields are marked *