QuantumScape Stock Went Up By Over 24% In The Last 10 Sessions

(VIANEWS) – Shares of QuantumScape (NYSE: QS) jumped by a staggering 24.73% in 10 sessions from $8.21 to $10.24 at 14:53 EST on Friday, after two successive sessions in a row of losses. NYSE is dropping 0.52% to $15,790.95, after three sequential sessions in a row of losses.

QuantumScape’s last close was $9.81, 77.23% 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%.

Moving Average

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

Previous days news about QuantumScape (QS)

  • : quantumscape stock drops 14% after narrower quarterly loss. According to MarketWatch on Wednesday, 15 February, "In a letter to shareholders, the company, which is developing a solid-state battery for electric vehicles, said that it hit important milestones in 2022 but must "continue to improve cell reliability as we move from prototype to product." QuantumScape lost $109 million, or 25 cents a share, in the fourth quarter, compared with a loss of $67 million, or 16 cents a share, in the year-ago quarter. "

More news about QuantumScape (QS).

Leave a Reply

Your email address will not be published.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