In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Quantum-Si Incorporated (NASDAQ: QSI) closed at $0.73 down -5.77% from its previous closing price of $0.78. In other words, the price has decreased by -$5.77 from its previous closing price. On the day, 0.7 million shares were traded. QSI stock price reached its highest trading level at $0.7999 during the session, while it also had its lowest trading level at $0.7301.
Ratios:
For a deeper understanding of Quantum-Si Incorporated’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.15 and its Current Ratio is at 13.42. In the meantime, Its Debt-to-Equity ratio is 0.02 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 104794152 and an Enterprise Value of -77724952. For the stock, the TTM Price-to-Sale (P/S) ratio is 43.50 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at -34.301 whereas that against EBITDA is 0.811.
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 -13.91%, while the 200-Day Moving Average is calculated to be -43.20%.
Shares Statistics:
For the past three months, QSI has traded an average of 511.93K shares per day and 747670 over the past ten days. A total of 121.83M shares are outstanding, with a floating share count of 97.44M. Insiders hold about 31.75% of the company’s shares, while institutions hold 35.95% stake in the company. Shares short for QSI as of 1730332800 were 5901407 with a Short Ratio of 11.53, compared to 1727654400 on 6098629. Therefore, it implies a Short% of Shares Outstanding of 5901407 and a Short% of Float of 6.8500000000000005.