rts logo

QSI Stock Forecast: All the More Reason to Consider Quantum-Si Incorporated (QSI) Now

Quantum-Si Incorporated (NASDAQ: QSI) is -52.74% lower on its value in year-to-date trading and has touched a low of $0.73 and a high of $2.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QSI stock was last observed hovering at around $1.01 in the last trading session, with the day’s loss setting it -0.06%.

Currently trading at $0.95, the stock is 0.66% and -8.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -5.94% at the moment leaves the stock -38.15% off its SMA200. QSI registered -54.55% loss for a year compared to 6-month loss of -43.45%.

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

The stock witnessed a -14.41% gain in the last 1 month and extending the period to 3 months gives it a -41.36%, and is -4.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.33% over the week and 10.81% over the month.

Quantum-Si Incorporated (QSI) has around 165 employees, a market worth around $135.24M and $1.70M in sales. Profit margin for the company is -5249.65%. Distance from 52-week low is 29.78% and -61.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.30%).

with sales reaching $1.08M over the same period.The EPS is expected to grow by 1.47% this year, but quarterly earnings will post 266.90% year-over-year.

Quantum-Si Incorporated (QSI) Top Institutional Holders

130.0 institutions hold shares in Quantum-Si Incorporated (QSI), with institutional investors hold 47.06% of the company’s shares. The shares outstanding are 121.83M, and float is at 96.59M with Short Float at 6.48%. Institutions hold 37.88% of the Float.

The top institutional shareholder in the company is ARK INVESTMENT MANAGEMENT LLC with over 12.41 million shares valued at $13.03 million. The investor’s holdings represent 8.7534% of the QSI Shares outstanding. As of 2024-06-30, the second largest holder is SUMITOMO MITSUI TRUST HOLDINGS, INC. with 7.86 million shares valued at $8.26 million to account for 5.5463 of the shares outstanding. The other top investors are NIKKO ASSET MANAGEMENT AMERICAS, INC. which holds 7.86 million shares representing 5.5463% and valued at over $8.1 million, while BLACKROCK INC. holds 4.9381 of the shares totaling 7.0 million with a market value of $7.35 million.

Quantum-Si Incorporated (QSI) Insider Activity

The most recent transaction is an insider purchase by Hawkins Jeffrey Alan, the company’s President & CEO. SEC filings show that Hawkins Jeffrey Alan bought 25,000 shares of the company’s common stock on Aug 09 ’24 at a price of $0.85 per share for a total of $21272.0. Following the purchase, the insider now owns 1.0 million shares.

Quantum-Si Incorporated disclosed in a document filed with the SEC on Aug 09 ’24 that LaPointe Christian (General Counsel & Corp. Secr.) bought a total of 25,000 shares of the company’s common stock. The trade occurred on Aug 09 ’24 and was made at $0.86 per share for $21610.0. Following the transaction, the insider now directly holds 0.57 million shares of the QSI stock.

Still, SEC filings show that on Aug 09 ’24, Keyes Jeffry R. (Chief Financial Officer) acquired 50,000 shares at an average price of $0.87 for $43465.0. The insider now directly holds 446,820 shares of Quantum-Si Incorporated (QSI).

Related Posts