QuantumScape Corp. (NYSE:QS) shares are trending on Friday.
Check out the current price of QS stock here.
The Californian company extended its trading day gains with a 5.77% after-hours surge to $12.83, following an already strong 18.23% increase during the regular session on Thursday.
According to Benzinga Pro data, QS closed at $12.13 on Thursday.
Insider Trading Activity Drives Market Interest
The after-hours price jump came right after several Form 4 filings showed notable insider trading on September 12. Director Jeffrey B. Straubel exercised 130,067 stock options at $2.377 each and sold 157,180 shares at an average price of $9.1997, all part of a trading plan set up in June under Rule 10b5-1.
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The transactions totaled approximately $1.75 million in sales.
Strong Technical Performance Year-to-Date
QuantumScape has delivered exceptional returns for investors, posting a remarkable 104.55% gain over the past year. The stock has traded within a 52-week range of $3.40 to $15.03, with current levels approaching the upper end of this range.
It has a market capitalization of $6.87 billion and an average daily volume of 26.01 million shares.
With a strong Momentum in the 94th percentile, Benzinga’s Edge Stock Rankings indicate that the next-generation solid-state battery producers have a positive price trend across all time frames. Here is how the stock fares on other parameters.
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