Navigating the Volatility of Quantum-Si Incorporated’s (QSI) Stock

In the past week, QSI stock has gone up by 6.50%, with a monthly gain of 1.89% and a quarterly plunge of -7.14%. The volatility ratio for the week is 7.19%, and the volatility levels for the last 30 days are 9.72% for Quantum-Si Incorporated The simple moving average for the past 20 days is 1.48% for QSI’s stock, with a 0.44% simple moving average for the past 200 days.

Is It Worth Investing in Quantum-Si Incorporated (NASDAQ: QSI) Right Now?

QSI has 36-month beta value of 3.08. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for QSI is 97.54M, and currently, short sellers hold a 7.55% ratio of that float. The average trading volume of QSI on April 03, 2024 was 766.32K shares.

QSI) stock’s latest price update

The stock of Quantum-Si Incorporated (NASDAQ: QSI) has increased by 4.72 when compared to last closing price of 1.80.Despite this, the company has seen a gain of 6.50% in its stock price over the last five trading days. Seeking Alpha reported 2024-02-29 that Quantum-Si Incorporated (QSI) Q4 2023 Earnings Call Transcript

Analysts’ Opinion of QSI

Many brokerage firms have already submitted their reports for QSI stocks, with H.C. Wainwright repeating the rating for QSI by listing it as a “Buy.” The predicted price for QSI in the upcoming period, according to H.C. Wainwright is $3 based on the research report published on December 08, 2023 of the previous year 2023.

Canaccord Genuity, on the other hand, stated in their research note that they expect to see QSI reach a price target of $2, previously predicting the price at $3.50. The rating they have provided for QSI stocks is “Hold” according to the report published on September 25th, 2023.

Canaccord Genuity gave a rating of “Buy” to QSI, setting the target price at $13 in the report published on October 20th of the previous year.

QSI Trading at 8.81% from the 50-Day Moving Average

After a stumble in the market that brought QSI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.68% of loss for the given period.

Volatility was left at 9.72%, however, over the last 30 days, the volatility rate increased by 7.19%, as shares surge +13.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.57% upper at present.

During the last 5 trading sessions, QSI rose by +3.39%, which changed the moving average for the period of 200-days by +14.38% in comparison to the 20-day moving average, which settled at $1.8685. In addition, Quantum-Si Incorporated saw -6.22% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at QSI starting from LaPointe Christian, who purchase 10,000 shares at the price of $1.74 back on Mar 15 ’24. After this action, LaPointe Christian now owns 257,693 shares of Quantum-Si Incorporated, valued at $17,400 using the latest closing price.

Hawkins Jeffrey Alan, the President & CEO of Quantum-Si Incorporated, purchase 25,000 shares at $1.76 during a trade that took place back on Mar 14 ’24, which means that Hawkins Jeffrey Alan is holding 25,000 shares at $44,000 based on the most recent closing price.

Stock Fundamentals for QSI

Current profitability levels for the company are sitting at:

  • -102.4 for the present operating margin
  • -0.56 for the gross margin

The net margin for Quantum-Si Incorporated stands at -83.5. The total capital return value is set at -0.39. Equity return is now at value -30.45, with -27.64 for asset returns.

Based on Quantum-Si Incorporated (QSI), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -6.14. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is 42.45.

Currently, EBITDA for the company is -102.51 million with net debt to EBITDA at 1.03. When we switch over and look at the enterprise to sales, we see a ratio of 135.45. The receivables turnover for the company is 2.94for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 22.94.

Conclusion

To put it simply, Quantum-Si Incorporated (QSI) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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