Quantum-Si Incorporated (NASDAQ: QSI) closed the day trading at $1.68 up 7.69% from the previous closing price of $1.56. In other words, the price has increased by $+0.1200 from its previous closing price. On the day, 582860 shares were traded. QSI stock price reached its highest trading level at $1.6950 during the session, while it also had its lowest trading level at $1.5400.
Ratios:
For a better understanding of QSI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 25.66 and its Current Ratio is at 25.88. In the meantime, Its Debt-to-Equity ratio is 0.05 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 Mar 15 when LaPointe Christian bought 20,000 shares for $1.77 per share. The transaction valued at 35,400 led to the insider holds 247,693 shares of the business.
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 238.10M and an Enterprise Value of -21.07M. For the stock, the TTM Price-to-Sale (P/S) ratio is 350.16 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at -53.76 whereas that against EBITDA is 0.29.
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 $1.12. The 50-Day Moving Average of the stock is 1.7315, while the 200-Day Moving Average is calculated to be 1.8449.
Shares Statistics:
Over the past 3-months, QSI traded about 639.09K shares per day on average, while over the past 10 days, QSI traded about 576.04k shares per day. A total of 120.01M shares are outstanding, with a floating share count of 99.65M. Insiders hold about 29.69% of the company’s shares, while institutions hold 33.34% stake in the company. Shares short for QSI as of Jan 31, 2024 were 7.81M with a Short Ratio of 12.22, compared to 8.92M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.51% and a Short% of Float of 7.60%.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.18 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.2, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.16 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$0.68 and -$0.72 for the fiscal current year, implying an average EPS of -$0.7. EPS for the following year is -$0.77, with 2 analysts recommending between -$0.65 and -$0.9.
Revenue Estimates
Based on 2 analysts’ estimates, the company’s revenue will be $3.34M in the next fiscal year. The high estimate is $3.9M and the low estimate is $2.78M. The average revenue growth estimate for next year is up 251.60% from the average revenue estimate for this year.
