One of the losers of today's trading session was QuantumScape. Shares of the Auto parts company plunged -2.8%, and some investors may be wondering if its price of $5.18 would make a good entry point. Here's what you should know if you are considering this investment:
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QuantumScape has moved -16.3% over the last year, and the S&P 500 logged a change of 18.6%
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QS has an average analyst rating of hold and is -9.12% away from its mean target price of $5.7 per share
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Its trailing earnings per share (EPS) is $-0.94
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QuantumScape has a trailing 12 month Price to Earnings (P/E) ratio of -5.5 while the S&P 500 average is 29.3
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Its forward earnings per share (EPS) is $-0.84 and its forward P/E ratio is -6.2
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The company has a Price to Book (P/B) ratio of 2.35 in contrast to the S&P 500's average ratio of 4.74
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QuantumScape is part of the Consumer Cyclical sector, which has an average P/E ratio of 22.6 and an average P/B of 3.19
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The company has a free cash flow of $-173198368, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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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 was founded in 2010 and is headquartered in San Jose, California.