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After finishing at $1.06 in the prior trading day, Quantum-Si Incorporated (NASDAQ: QSI) closed at $0.98, down -7.85%. In other words, the price has decreased by -$7.85 from its previous closing price. On the day, 1.41 million shares were traded. QSI stock price reached its highest trading level at $1.06 during the session, while it also had its lowest trading level at $0.97.
Ratios:
Our goal is to gain a better understanding of QSI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.13 and its Current Ratio is at 20.57. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on December 08, 2023, initiated with a Buy rating and assigned the stock a target price of $3.
On September 25, 2023, Canaccord Genuity Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $3.50 to $2.
On October 20, 2021, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $13.Canaccord Genuity initiated its Buy rating on October 20, 2021, with a $13 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 09 ’24 when Hawkins Jeffrey Alan bought 25,000 shares for $0.85 per share. The transaction valued at 21,272 led to the insider holds 1,003,757 shares of the business.
LaPointe Christian bought 25,000 shares of QSI for $21,610 on Aug 09 ’24. The General Counsel & Corp. Secr. now owns 571,710 shares after completing the transaction at $0.86 per share. On Aug 09 ’24, another insider, Keyes Jeffry R., who serves as the Chief Financial Officer of the company, bought 50,000 shares for $0.87 each. As a result, the insider paid 43,465 and bolstered with 446,820 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QSI now has a Market Capitalization of 139058224 and an Enterprise Value of -65412480. For the stock, the TTM Price-to-Sale (P/S) ratio is 81.80 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at -38.433 whereas that against EBITDA is 0.685.
Stock Price History:
Over the past 52 weeks, QSI has reached a high of $2.43, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is -0.66%, while the 200-Day Moving Average is calculated to be -34.20%.
Shares Statistics:
The stock has traded on average 807.99K shares per day over the past 3-months and 534290 shares per day over the last 10 days, according to various share statistics. A total of 121.83M shares are outstanding, with a floating share count of 96.20M. Insiders hold about 32.07% of the company’s shares, while institutions hold 31.45% stake in the company. Shares short for QSI as of 1724976000 were 5991794 with a Short Ratio of 7.42, compared to 1722384000 on 6256453. Therefore, it implies a Short% of Shares Outstanding of 5991794 and a Short% of Float of 6.959999999999999.
