Buy, Sell Or Hold QuantumScape Corp (NYSE:QS) At $5.58?

In last trading session, QuantumScape Corp (NYSE:QS) saw 4.3 million shares changing hands with its beta currently measuring 4.74. Company’s recent per share price level of $5.58 trading at $0.17 or 3.14% at ring of the bell on the day assigns it a market valuation of $2.77B. That closing price of QS’s stock is at a discount of -148.39% from its 52-week high price of $13.86 and is indicating a premium of 11.83% from its 52-week low price of $4.92. Taking a look at company’s average trading volume volume of 6.52 million if we extend that period to 3-months.

QuantumScape Corp (NYSE:QS) trade information

Upright in the green during last session for gaining 3.14%, in the last five days QS remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $5.58 price level, adding 1.41% to its value on the day. QuantumScape Corp’s shares saw a change of -19.71% in year-to-date performance and have moved 9.41% in past 5-day. QuantumScape Corp (NYSE:QS) showed a performance of -8.52% in past 30-days.

QuantumScape Corp (QS) estimates and forecasts

Statistics highlight that QuantumScape Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company added 6.90% of value to its shares in past 6 months, showing an annual growth rate of 1.04% while that of industry is 14.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -45.65% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 2.73% while estimates for its earnings growth in next 5 years are of 25.88%.

QS Dividends

QuantumScape Corp is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.