QuantumScape Stock Bullish Momentum With A 9% Rise At Session Start Today

(VIANEWS) – Shares of QuantumScape (NYSE: QS) rose 9.28% to $9.78 at 10:39 EST on Wednesday, after four successive sessions in a row of gains. NYSE is sliding 0.82% to $15,893.59, following the last session’s downward trend. This seems, at the moment, a somewhat negative trend exchanging session today.

QuantumScape’s last close was $8.95, 79.22% under its 52-week high of $43.08.

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 -4.32%.

Moving Average

QuantumScape’s value is way under its 50-day moving average of $14.61 and way below its 200-day moving average of $20.48.

More news about QuantumScape (QS).

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