Quantum-Si Incorporated (NASDAQ:QSI) Shares Are Up 22.35 Percent In A Week – But Can The Gains Continue?

In last trading session, Quantum-Si Incorporated (NASDAQ:QSI) saw 0.53 million shares changing hands with its beta currently measuring 3.00. Company’s recent per share price level of $0.94 trading at $0.04 or 3.94% at ring of the bell on the day assigns it a market valuation of $133.81M. That closing price of QSI’s stock is at a discount of -158.51% from its 52-week high price of $2.43 and is indicating a premium of 25.53% from its 52-week low price of $0.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.6 million shares which gives us an average trading volume of 487.35K if we extend that period to 3-months.

Quantum-Si Incorporated (NASDAQ:QSI) trade information

Upright in the green during last session for gaining 3.94%, in the last five days QSI remained trading in the green while hitting it’s week-highest on Friday, 11/08/24 when the stock touched $0.94 price level, adding 1.05% to its value on the day. Quantum-Si Incorporated’s shares saw a change of -53.24% in year-to-date performance and have moved 22.35% in past 5-day. Quantum-Si Incorporated (NASDAQ:QSI) showed a performance of 19.31% in past 30-days. Number of shares sold short was 5.91 million shares which calculate 13.44 days to cover the short interests.

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

Quantum-Si Incorporated (QSI) estimates and forecasts

Statistics highlight that Quantum-Si Incorporated is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -44.71% of value to its shares in past 6 months, showing an annual growth rate of -9.23% while that of industry is -4.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 266.90% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.08M for the same. And 2 analysts are in estimates of company making revenue of 1.79M in the next quarter.

Quantum-Si Incorporated (NASDAQ:QSI)’s Major holders

Insiders are in possession of 19.91% of company’s total shares while institution are holding 36.39 percent of that, with stock having share float percentage of 45.43%. Investors also watch the number of corporate investors in a company very closely, which is 36.39% institutions for Quantum-Si Incorporated that are currently holding shares of the company. ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at QSI for having 12.41 million shares of worth $13.03 million. And as of 2024-06-30, it was holding 8.7534 of the company’s outstanding shares.

The second largest institutional holder is SUMITOMO MITSUI TRUST HOLDINGS, INC., which was holding about 7.86 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.5463 of outstanding shares, having a total worth of $8.26 million.