Every QuantumScape Investor Should Keep an Eye on These 3 Numbers

In 2020, QuantumScape (NYSE: QS) was one of the hot stocks to hold, according to Wall Street. The stock back rose as high as $115 per share with a market cap approaching $50 billion. Investors then swooned over the company's potential to revolutionize electric vehicle charging through solid-state lithium-metal battery technology.After a steep decline starting in 2021, shares now trade at just $4, with the company having a market cap of around $2.2 billion. Some investors now wonder if it's time to buy this diamond in the rough. If you are one of them, get familiar with three financial metrics. Compared to current technologies, QuantumScape's QSE-5 solid-state batteries have notably superior energy density and charging times. The company's batteries thus allow an EV to go further on a single charge and "refuel" significantly faster. Since long-term forecasts call for sizable growth in EV demand for decades, QuantumScape has an opportunity to ride a market tailwind with its superior products.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool