In the last trading session, 1.4 million shares of the Quantum-Si Incorporated (NASDAQ:QSI) were traded, and its beta was 2.90. Most recently the company’s share price was $0.63, and it changed around -$0.03 or -4.22% from the last close, which brings the market valuation of the company to $90.34M. QSI currently trades at a discount to its 52-week high of $2.43, offering almost -285.71% off that amount. The share price’s 52-week low was $0.65, which indicates that the current value has fallen by an impressive -3.17% since then. We note from Quantum-Si Incorporated’s average daily trading volume that its 10-day average is 0.86 million shares, with the 3-month average coming to 525.06K.

Quantum-Si Incorporated stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended QSI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Quantum-Si Incorporated is expected to report earnings per share of -0.19 for the current quarter.

Quantum-Si Incorporated (NASDAQ:QSI) trade information

Instantly QSI has showed a red trend with a performance of -4.22% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.8518 on recent trading dayincreased the stock’s daily price by 26.04%. The company’s shares are currently down -68.51% year-to-date, but still down -18.35% over the last five days. On the other hand, Quantum-Si Incorporated (NASDAQ:QSI) is -20.96% down in the 30-day period. We can see from the shorts that 5.9 million shares have been sold at a short interest cover period of 12.65 day(s).

Quantum-Si Incorporated (QSI) estimates and forecasts

Quantum-Si Incorporated share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -63.41 percent over the past six months and at a 0.00% annual growth rate that is well above the industry average of -3.40%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -12.51% in revenue this quarter, and will report a decrease of -60.00% in the next quarter. The year-over-year growth rate is expected to be 189.05%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 1.29M in revenue for the current quarter. 2 analysts expect Quantum-Si Incorporated to make 1.45M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 400k and 457k respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 223.63%. Forecasts for the next quarter put sales growth at 217.29%.

QSI Dividends

Quantum-Si Incorporated’s next quarterly earnings report is expected to be released in December.

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

Upon looking at major shareholders, it appears that insiders hold 19.85% of Quantum-Si Incorporated shares, and 36.12% of them are in the hands of institutional investors. The stock currently has a share float of 45.07%. Quantum-Si Incorporated stock is held by 137.0 institutions, with ARK INVESTMENT MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 8.7534% of the shares, which is about 12.41 million shares worth $13.03 million.

SUMITOMO MITSUI TRUST HOLDINGS, INC., with 5.5463% or 7.86 million shares worth $8.26 million as of 2024-06-30, holds the second largest percentage of outstanding shares.