In the latest trading session, 0.74 million Quantum-Si Incorporated (NASDAQ:QSI) shares changed hands as the company’s beta touched 3.06. With the company’s most recent per share price at $0.82 changed hands at -$0.18 or -17.94% at last look, the market valuation stands at $116.76M. QSI’s current price is a discount, trading about -196.34% off its 52-week high of $2.43. The share price had its 52-week low at $0.70, which suggests the last value was 14.63% up since then. When we look at Quantum-Si Incorporated’s average trading volume, we note the 10-day average is 0.63 million shares, with the 3-month average coming to 493.15K.
Quantum-Si Incorporated (NASDAQ:QSI) trade information
Instantly QSI was in red as seen in intraday trades today. With action -3.27%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -59.19%, with the 5-day performance at -3.27% in the red. However, in the 30-day time frame, Quantum-Si Incorporated (NASDAQ:QSI) is 1.25% up. Looking at the short shares, we see there were 5.91 million shares sold at short interest cover period of 13.44 days.
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Quantum-Si Incorporated (QSI) estimates and forecasts
Data shows that the Quantum-Si Incorporated share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -55.18% over the past 6 months, a -9.23% in annual growth rate that is considerably lower than the industry average of -2.40%. Year-over-year growth is forecast to reach 266.90% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 1.08M. 2 analysts are of the opinion that Quantum-Si Incorporated’s revenue for the current quarter will be 1.79M. The estimates for the next quarter sales put growth at 347.50%.
Quantum-Si Incorporated (NASDAQ:QSI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 19.91% of Quantum-Si Incorporated shares while 36.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 45.46%. There are 36.41% institutions holding the Quantum-Si Incorporated stock share, with ARK INVESTMENT MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 8.7534% of the shares, roughly 12.41 million QSI shares worth $13.03 million.
SUMITOMO MITSUI TRUST HOLDINGS, INC. holds the second largest percentage of outstanding shares, with 5.5463% or 7.86 million shares worth $8.26 million as of 2024-06-30.
