QS Overpriced Bull Put Spread has 47% Yield Potential
Market Chameleon (Mon, 6-Jan 10:06 AM ET)
QuantumScape Releases Next-Generation Solid-State Battery Separator Equipment, Cobra
Business Wire (Thu, 5-Dec 6:45 AM ET)
QuantumScape Reports Third Quarter 2024 Business and Financial Results
Business Wire (Wed, 23-Oct 4:15 PM ET)
QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed an anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.
Quantumscape Class A trades on the NYSE stock market under the symbol QS.
As of January 22, 2025, QS stock price declined to $5.03 with 10,651,389 million shares trading.
QS has a beta of 1.34, meaning it tends to be more sensitive to market movements. QS has a correlation of 0.05 to the broad based SPY ETF.
QS has a market cap of $2.58 billion. This is considered a Mid Cap stock.
In the last 3 years, QS traded as high as $22.21 and as low as $4.65.
The top ETF exchange traded funds that QS belongs to (by Net Assets): VTI, VB, VXF, VBK, SCHA.
QS has underperformed the market in the last year with a price return of -23.2% while the SPY ETF gained +27.2%. QS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.3% and -20.0%, respectively, while the SPY returned +4.2% and +3.0%, respectively.
QS support price is $4.82 and resistance is $5.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QS shares will trade within this expected range on the day.