The Question Is Whether To Buy Or Not To Buy QuantumScape Corp (NYSE: QS)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that QuantumScape Announces Timing of Fourth Quarter 2023 Business Results and Webcast.

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Stocks Info

QuantumScape Corp is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Auto Parts industry. The current market capitalization of QuantumScape Corp is $3.41B. A total of 6.0 million shares were traded on the day, compared to an average of 9.92M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, QS has seen 2 BUY and 14 SELL insider trades, representing the acquisition of 36,708 and the disposition of 368,997 shares. Over the last 12 months, there were 46 BUYs and 77 SELLs from insiders. Insiders purchased 4,397,988 shares during that period but sold 3,050,135.

In the most recent transaction, Singh Mohit sold 174,000 shares of QS for 8.58 per share on Jan 04. After the transaction, the Chief Development Officer now owns 642,481 company shares. In a previous transaction on Jan 04, Leohold Jurgen sold 40,000 shares at 9.01 per share. QS shares that Director owns now total 185,717.

Among the insiders who sold shares, Hettrich Kevin disposed of 34,607 shares on Jan 03 at a per-share price of $6.51. This resulted in the Chief Financial Officer holding 575,936 shares of QS after the transaction. In another insider transaction, Straubel Jeffrey B sold 69,309 shares at $6.75 per share on Jan 02. Company shares held by the Director now total 292,644.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, QS has a high of $13.86 and a low of $4.99.

As of this writing, QS has an earnings estimate of -$0.34 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.14 per share and a lower estimate of -$1.19. The company reported an EPS of -$0.26 in the last quarter, which was -30.00% lower than expectations of -$0.2.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. QS’s latest balance sheet shows that the firm has $1.45B in Cash & Short Term Investments as of fiscal 2021. There were $77.37M in debt and $30.61M in liabilities at the time. Its Book Value Per Share was $2.88, while its Total Shareholder’s Equity was $1.61B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QS is Buy with a score of 2.50.

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