Unveiling the Potential of QS Stock for Investors

By Harris Dyer • Friday, January 03 15:11 • Permanent Link

It's been a great afternoon session for QuantumScape investors, who saw their shares rise 8.2% to a price of $6.0 per share. At these higher prices, is the company still fairly valued? If you are thinking about investing, make sure to check the company's fundamentals before making a decision.

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QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company belongs to the Consumer Cyclical sector, which has an average price to earnings (P/E) ratio of 22.6 and an average price to book (P/B) ratio of 3.19. In contrast, QuantumScape has a trailing 12 month P/E ratio of -6.3 and a P/B ratio of 2.77.

QuantumScape has moved -36.3% over the last year compared to 24.9% for the S&P 500 — a difference of -61.3%. QuantumScape has a 52 week high of $9.66 and a 52 week low of $4.65.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.