QuantumScape Stock Bearish Momentum With A 16% Fall In The Last 5 Sessions

(VIANEWS) – Shares of QuantumScape (NYSE: QS) fell by a staggering 16.3% in 5 sessions from $9.18 to $7.68 at 14:08 EST on Wednesday, after four consecutive sessions in a row of losses. NYSE is dropping 0.16% to $15,414.04, after two successive sessions in a row of losses.

QuantumScape’s last close was $8.30, 62.63% 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 value is under its 50-day moving average of $7.91 and way below its 200-day moving average of $9.17.

More news about QuantumScape (QS).

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