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QuantumScape Stock Bearish By 9% As Session Comes To An End On Wednesday

QuantumScape Stock Bearish By 9% As Session Comes To An End On Wednesday
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(VIANEWS) - Shares of QuantumScape (NYSE: QS) dropped 9.07% to $7.26 at 15:27 EST on Wednesday, after four consecutive sessions in a row of losses. NYSE is sliding 0.12% to $15,356.40, following the last session's downward trend. This seems, as yet, a somewhat bearish trend exchanging session today.

QuantumScape's last close was $7.99, 64.03% 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%.

Moving Average

QuantumScape's worth is way under its 50-day moving average of $8.14 and way under its 200-day moving average of $9.07.

Volume

Today's last reported volume for QuantumScape is 4552174 which is 28.11% below its average volume of 6332150.

Volatility

QuantumScape's last week, last month's, and last quarter's current intraday variation average was a positive 2.69%, a negative 0.44%, and a positive 5.11%.

QuantumScape's highest amplitude of average volatility was 4.29% (last week), 2.90% (last month), and 5.11% (last quarter).

More news about QuantumScape (QS).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.