During the recent session, Quantum-Si Incorporated (NASDAQ:QSI)’s traded shares were 4.03 million, with the beta value of the company hitting 3.13. At the last check today, the stock’s price was $1.29, reflecting an intraday gain of 6.60% or $0.08. The 52-week high for the QSI share is $2.43, that puts it down -88.37 from that peak though still a striking 52.71% gain since the share price plummeted to a 52-week low of $0.61. The company’s market capitalization is $184.07M, and the average intraday trading volume over the past 10 days was 31.33 million shares, and the average trade volume was 5.22 million shares over the past three months.

Quantum-Si Incorporated (NASDAQ:QSI) trade information

Quantum-Si Incorporated (QSI) registered a 6.60% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.60% in intraday trading to $1.29, hitting a weekly high. The stock’s 5-day price performance is 75.65%, and it has moved by 66.32% in 30 days. Based on these gigs, the overall price performance for the year is -15.14%. The short interest in Quantum-Si Incorporated (NASDAQ:QSI) is 5.9 million shares and it means that shorts have 12.65 day(s) to cover.

Quantum-Si Incorporated (QSI) estimates and forecasts

Statistics show that Quantum-Si Incorporated has outperformed its competitors in share price, compared to the industry in which it operates. Quantum-Si Incorporated (QSI) shares have gone down -20.38% during the last six months, with a year-to-date growth rate more than the industry average at 0.00% against -2.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -12.51% this quarter and then drop -60.00% in the quarter after that. In the rating firms’ projections, revenue will increase 189.05% 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 1.29M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 1.45M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 400k and 457k respectively. In this case, analysts expect current quarter sales to grow by 223.63% and then jump by 217.29% in the coming quarter.

While earnings are projected to return 6.62% in 2024.

QSI Dividends

Quantum-Si Incorporated is due to release its next quarterly earnings in December. 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 19.85% of total outstanding shares while institutional holders control 36.04%, with the float percentage being 44.97%. ARK INVESTMENT MANAGEMENT LLC is the largest shareholder of the company, while 136.0 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.

Also, the Mutual Funds coming in first place with the largest holdings of Quantum-Si Incorporated (QSI) shares are ARK ETF Tr-ARK Genomic Revolution ETF and Vanguard Total Stock Market Index Fund. Data provided on Oct 31, 2024 indicates that ARK ETF Tr-ARK Genomic Revolution ETF owns about 11.5 shares. This amounts to just over 9.36 percent of the company’s overall shares, with a $14.95 million market value. The same data shows that the other fund manager holds slightly less at 3.02, or about 2.46% of the stock, which is worth about $3.92 million.