Shares of Consumer Cyclical sector company QuantumScape moved 11.9% today, and are now trading at a price of $16.0. The Mid-Cap stock's daily volume was 69,364,848 compared to its average volume of 45,391,822. The S&P 500 index returned a 0.0% performance.
QuantumScape Corporation, together with its subsidiaries, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications in the United States. The company is based in San Jose and has 800 full time employees. Its market capitalization is $9,059,183,616.
Over the last year, QS's share price has increased by 153.5%, which represents a difference of 136.8% when compared to the S&P 500. The stock's 52 week high is $16.49 per share whereas its 52 week low is $3.4. QuantumScape has averaged free cash flows of $-238351666.7 over the last 5 years, with a mean growth rate of -45.5%. It is unlikely that the stock can sustain its current performance trend for the long term when the underlying business is experiencing such poor cash flows.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | -274,555 | 62,131 | -336,686 | -3.74 |
| 2023 | -240,025 | 84,510 | -324,535 | 13.89 |
| 2022 | -218,024 | 158,845 | -376,869 | -47.74 |
| 2021 | -127,909 | 127,178 | -255,087 | -198.85 |
| 2020 | -61,263 | 24,093 | -85,356 | -65.49 |
| 2019 | -41,731 | 9,846 | -51,577 |
