Quantum-Si Incorporated (NASDAQ: QSI) is -39.05% lower on its value in year-to-date trading and has touched a low of $0.61 and a high of $2.43 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 $1.37 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $1.23, the stock is 30.69% and 38.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.59 million and changing -10.58% at the moment leaves the stock -4.28% off its SMA200. QSI registered -17.79% loss for a year compared to 6-month loss of -21.97%. The firm has a 50-day simple moving average (SMA 50) of $0.8798 and a 200-day simple moving average (SMA200) of $1.282425.
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The stock witnessed a 59.11% gain in the last 1 month and extending the period to 3 months gives it a 28.76%, and is 93.52% up 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 32.02% over the week and 15.21% over the month.
Quantum-Si Incorporated (QSI) has around 165 employees, a market worth around $174.83M and $2.27M in sales. Profit margin for the company is -3968.84%. Distance from 52-week low is 100.13% and -49.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-42.72%).
The EPS is expected to grow by 6.62% this year.
Quantum-Si Incorporated (QSI) Top Institutional Holders
136.0 institutions hold shares in Quantum-Si Incorporated (QSI), with institutional investors hold 44.97% of the company’s shares. The shares outstanding are 121.83M, and float is at 97.44M with Short Float at 6.06%. Institutions hold 36.04% 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 sale by Vieceli John S., the company’s Chief Product Officer. SEC filings show that Vieceli John S. sold 2,192 shares of the company’s common stock on Sep 23 ’24 at a price of $0.95 per share for a total of $2073.0. Following the sale, the insider now owns 0.17 million shares.
Quantum-Si Incorporated disclosed in a document filed with the SEC on Sep 24 ’24 that Vieceli John S. (Chief Product Officer) sold a total of 2,117 shares of the company’s common stock. The trade occurred on Sep 24 ’24 and was made at $0.93 per share for $1970.0. Following the transaction, the insider now directly holds 0.16 million shares of the QSI stock.
Still, SEC filings show that on Aug 09 ’24, Hawkins Jeffrey Alan (President & CEO) acquired 25,000 shares at an average price of $0.85 for $21272.0. The insider now directly holds 1,003,757 shares of Quantum-Si Incorporated (QSI).
