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The closing price of Quantum-Si Incorporated (NASDAQ: QSI) was $1.23 for the day, down -10.58% from the previous closing price of $1.37. In other words, the price has decreased by -$10.58 from its previous closing price. On the day, 9.59 million shares were traded. QSI stock price reached its highest trading level at $1.37 during the session, while it also had its lowest trading level at $1.2.
Ratios:
Our analysis of QSI’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 174823424 and an Enterprise Value of -7695756. For the stock, the TTM Price-to-Sale (P/S) ratio is 77.02 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at -3.396 whereas that against EBITDA is 0.08.
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 $0.61. The 50-Day Moving Average of the stock is 38.47%, while the 200-Day Moving Average is calculated to be -4.28%.
Shares Statistics:
QSI traded an average of 6.07M shares per day over the past three months and 36792350 shares per day over the past ten days. A total of 121.83M shares are outstanding, with a floating share count of 97.44M. Insiders hold about 31.72% of the company’s shares, while institutions hold 35.86% stake in the company. Shares short for QSI as of 1731628800 were 5142600 with a Short Ratio of 0.97, compared to 1728950400 on 5906360. Therefore, it implies a Short% of Shares Outstanding of 5142600 and a Short% of Float of 5.9499998.
