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Quantum-Si Incorporated (NASDAQ: QSI) closed the day trading at $1.52 down -2.56% from the previous closing price of $1.56. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 1.0 million shares were traded. QSI stock price reached its highest trading level at $1.65 during the session, while it also had its lowest trading level at $1.5.
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 Mar 15 ’24 when LaPointe Christian bought 10,000 shares for $1.74 per share. The transaction valued at 17,400 led to the insider holds 257,693 shares of the business.
Hawkins Jeffrey Alan bought 25,000 shares of QSI for $44,000 on Mar 14 ’24. The President & CEO now owns 25,000 shares after completing the transaction at $1.76 per share. On Mar 05 ’24, another insider, Keyes Jeffry R., who serves as the Chief Financial Officer of the company, bought 50,000 shares for $1.61 each. As a result, the insider paid 80,500 and bolstered with 50,000 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 215560320 and an Enterprise Value of -5386936. For the stock, the TTM Price-to-Sale (P/S) ratio is 168.41 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at -4.192 whereas that against EBITDA is 0.056.
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 -12.92%, while the 200-Day Moving Average is calculated to be -12.10%.
Shares Statistics:
Over the past 3-months, QSI traded about 729.69K shares per day on average, while over the past 10 days, QSI traded about 479860 shares per day. A total of 121.83M shares are outstanding, with a floating share count of 96.76M. Insiders hold about 31.77% of the company’s shares, while institutions hold 31.09% stake in the company. Shares short for QSI as of 1715731200 were 7015338 with a Short Ratio of 9.61, compared to 1713139200 on 7401178. Therefore, it implies a Short% of Shares Outstanding of 7015338 and a Short% of Float of 8.1999995.
