Quantum-Si Incorporated (QSI)’s Market Momentum: Closing Strong at 0.90, Up 6.07

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As of close of business last night, Quantum-Si Incorporated’s stock clocked out at $0.90, up 6.07% from its previous closing price of $0.85. In other words, the price has increased by $6.07 from its previous closing price. On the day, 0.72 million shares were traded. QSI stock price reached its highest trading level at $0.9013 during the session, while it also had its lowest trading level at $0.85.

Ratios:

To gain a deeper understanding of QSI’s stock, we examine 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 23 ’24 when Vieceli John S. sold 2,192 shares for $0.95 per share. The transaction valued at 2,073 led to the insider holds 166,916 shares of the business.

Vieceli John S. sold 2,117 shares of QSI for $1,970 on Sep 24 ’24. The Chief Product Officer now owns 164,799 shares after completing the transaction at $0.93 per share. On Aug 09 ’24, another insider, Hawkins Jeffrey Alan, who serves as the President & CEO of the company, bought 25,000 shares for $0.85 each. As a result, the insider paid 21,272 and bolstered with 1,003,757 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 120708472 and an Enterprise Value of -76431248. For the stock, the TTM Price-to-Sale (P/S) ratio is 75.32 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at -44.907 whereas that against EBITDA is 0.8.

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 $0.70. The 50-Day Moving Average of the stock is 4.04%, while the 200-Day Moving Average is calculated to be -31.93%.

Shares Statistics:

It appears that QSI traded 486.67K shares on average per day over the past three months and 559980 shares per day over the past ten days. A total of 121.83M shares are outstanding, with a floating share count of 97.16M. Insiders hold about 31.75% of the company’s shares, while institutions hold 36.37% stake in the company. Shares short for QSI as of 1728950400 were 5906360 with a Short Ratio of 12.14, compared to 1726185600 on 5845062. Therefore, it implies a Short% of Shares Outstanding of 5906360 and a Short% of Float of 6.859999999999999.

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