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

ViaNews Editorial Team

February 17, 2023

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

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.