Company’s 36-month beta value is 2.93.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for QSI is 96.60M, and currently, short sellers hold a 7.15% ratio of that floaft. The average trading volume of QSI on July 25, 2024 was 812.48K shares.
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QSI) stock’s latest price update
The stock of Quantum-Si Incorporated (NASDAQ: QSI) has decreased by -7.96 when compared to last closing price of 1.13.Despite this, the company has seen a loss of -10.34% in its stock price over the last five trading days. investorplace.com reported 2024-07-09 that In most circumstances, you should avoid extremely speculative ideas, especially those billed as cheap penny stocks. It’s difficult to find hard statistics regarding the odds of success in this arena, in large part because of the diversity of enterprises and industries involved.
QSI’s Market Performance
Quantum-Si Incorporated (QSI) has seen a -10.34% fall in stock performance for the week, with a -13.33% decline in the past month and a -38.82% plunge in the past quarter. The volatility ratio for the week is 10.08%, and the volatility levels for the past 30 days are at 12.99% for QSI. The simple moving average for the past 20 days is 1.34% for QSI’s stock, with a -34.07% simple moving average for the past 200 days.
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 -22.69% 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 -73.34% of loss for the given period.
Volatility was left at 12.99%, however, over the last 30 days, the volatility rate increased by 10.08%, as shares sank -11.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.82% lower at present.
During the last 5 trading sessions, QSI fell by -10.34%, which changed the moving average for the period of 200-days by -33.76% in comparison to the 20-day moving average, which settled at $1.0197. In addition, Quantum-Si Incorporated saw -48.26% 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 Johnston Grace, who sale 3,169 shares at the price of $1.20 back on Jun 24 ’24. After this action, Johnston Grace now owns 295,940 shares of Quantum-Si Incorporated, valued at $3,790 using the latest closing price.
Johnston Grace, the Chief Commercial Officer of Quantum-Si Incorporated, sale 4,359 shares at $1.21 during a trade that took place back on Jun 21 ’24, which means that Johnston Grace is holding 299,109 shares at $5,262 based on the most recent closing price.
Stock Fundamentals for QSI
Current profitability levels for the company are sitting at:
- -81.56 for the present operating margin
- -1.18 for the gross margin
The net margin for Quantum-Si Incorporated stands at -71.46. The total capital return value is set at -0.39. Equity return is now at value -30.98, with -28.67 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 -6.11. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -40.16.
Currently, EBITDA for the company is -102.51 million with net debt to EBITDA at 0.36. When we switch over and look at the enterprise to sales, we see a ratio of 84.68. The receivables turnover for the company is 5.31for 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 30.65.
Conclusion
In a nutshell, Quantum-Si Incorporated (QSI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
