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Quantum-Si Incorporated (NASDAQ: QSI) closed the day trading at $1.06 down -4.50% from the previous closing price of $1.11. In other words, the price has decreased by -$4.50 from its previous closing price. On the day, 0.67 million shares were traded. QSI stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $1.03.
Ratios:
For a better understanding of QSI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 30.03 and its Current Ratio is at 30.65. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 Jun 24 ’24 when Johnston Grace sold 3,169 shares for $1.20 per share. The transaction valued at 3,790 led to the insider holds 295,940 shares of the business.
Johnston Grace sold 4,359 shares of QSI for $5,262 on Jun 21 ’24. The Chief Commercial Officer now owns 299,109 shares after completing the transaction at $1.21 per share. On Mar 15 ’24, another insider, LaPointe Christian, who serves as the General Counsel & Corp. Secr. of the company, bought 10,000 shares for $1.74 each. As a result, the insider paid 17,400 and bolstered with 257,693 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 150324944 and an Enterprise Value of -70622520. For the stock, the TTM Price-to-Sale (P/S) ratio is 117.44 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at -54.959 whereas that against EBITDA is 0.733.
Stock Price History:
Over the past 52 weeks, QSI has reached a high of $3.90, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is -18.85%, while the 200-Day Moving Average is calculated to be -32.53%.
Shares Statistics:
Over the past 3-months, QSI traded about 816.27K shares per day on average, while over the past 10 days, QSI traded about 561360 shares per day. A total of 121.83M shares are outstanding, with a floating share count of 96.60M. Insiders hold about 31.89% of the company’s shares, while institutions hold 36.20% stake in the company. Shares short for QSI as of 1721001600 were 6397621 with a Short Ratio of 7.84, compared to 1718323200 on 7390755. Therefore, it implies a Short% of Shares Outstanding of 6397621 and a Short% of Float of 7.48.
