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QuantumScape Stock Rises By 23% In The Last 10 Sessions

ViaNews Editorial Team

February 20, 2023

QuantumScape Stock Rises By 23% In The Last 10 Sessions
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(VIANEWS) - Shares of QuantumScape (NYSE: QS) jumped by a staggering 23.03% in 10 sessions from $8.38 to $10.31 at 10:41 EST on Monday, after two successive sessions in a row of gains. NYSE is dropping 0.21% to $15,840.16, after four sequential sessions in a row of losses.

QuantumScape's last close was $10.31, 76.07% below 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%.

Yearly Top and Bottom Value

QuantumScape's stock is valued at $10.31 at 10:41 EST, way under its 52-week high of $43.08 and higher than its 52-week low of $10.00.

Volume

Today's last reported volume for QuantumScape is 9841093 which is 32.05% above its average volume of 7452220.

Growth Estimates Quarters

The company's growth estimates for the ongoing quarter and the next is a negative 41.7% and a negative 46.2%, respectively.

Moving Average

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

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.