During the last session, Quantum-Si Incorporated (NASDAQ:QSI)’s traded shares were 0.6 million, with the beta value of the company hitting 2.93. At the end of the trading day, the stock’s price was $0.77, reflecting an intraday gain of 9.59% or $0.07. The 52-week high for the QSI share is $2.43, that puts it down -215.58 from that peak though still a striking 9.09% gain since the share price plummeted to a 52-week low of $0.70. The company’s market capitalization is $109.37M, and the average intraday trading volume over the past 10 days was 0.55 million shares, and the average trade volume was 497.26K shares over the past three months.
Quantum-Si Incorporated (NASDAQ:QSI) trade information
Quantum-Si Incorporated (QSI) registered a 9.59% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.59% in intraday trading to $0.77, hitting a weekly high. The stock’s 5-day price performance is 3.11%, and it has moved by -8.22% in 30 days. Based on these gigs, the overall price performance for the year is -35.45%. The short interest in Quantum-Si Incorporated (NASDAQ:QSI) is 5.91 million shares and it means that shorts have 13.44 day(s) to cover.
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Quantum-Si Incorporated (QSI) estimates and forecasts
Statistics show that Quantum-Si Incorporated has underperformed its competitors in share price, compared to the industry in which it operates. Quantum-Si Incorporated (QSI) shares have gone down -58.25% during the last six months, with a year-to-date growth rate less than the industry average at -9.23% against -4.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -11.80% this quarter and then drop -18.80% in the quarter after that. In the rating firms’ projections, revenue will increase 266.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.08M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 1.79M by the end of current fiscal year.
While earnings are projected to return 1.47% in 2024.
QSI Dividends
Quantum-Si Incorporated is due to release its next quarterly earnings on 2024-Nov-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Quantum-Si Incorporated (NASDAQ:QSI)’s Major holders
Quantum-Si Incorporated insiders own 19.91% of total outstanding shares while institutional holders control 36.63%, with the float percentage being 45.74%. ARK INVESTMENT MANAGEMENT LLC is the largest shareholder of the company, while 129.0 institutions own stock in it. As of 2024-06-30, the company held over 12.41 million shares (or 8.7534% of all shares), a total value of $13.03 million in shares.
The next largest institutional holding, with 7.86 million shares, is of SUMITOMO MITSUI TRUST HOLDINGS, INC.’s that is approximately 5.5463% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $8.26 million.
