Now Is The Time To Build A Position In Quantum-Si Incorporated (NASDAQ:QSI)

In recent trading session, Quantum-Si Incorporated (NASDAQ:QSI) saw 7.79 million shares changing hands at last check today with its beta currently measuring 3.17. Company’s recent per share price level of $1.25 trading at -$0.03 or -2.73% at last check today assigns it a market valuation of $177.68M. That most recent trading price of QSI’s stock is at a discount of -106.4% from its 52-week high price of $2.58 and is indicating a premium of 51.2% from its 52-week low price of $0.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 23.7 million shares which gives us an average trading volume of 10.42 million if we extend that period to 3-months.

Quantum-Si Incorporated (NASDAQ:QSI) trade information

Upright in the red during last session for losing -2.73%, in the last five days QSI remained trading in the red while hitting it’s week-highest on Friday, 12/13/24 when the stock touched $1.25 price level, adding 29.78% to its value on the day. Quantum-Si Incorporated’s shares saw a change of -38.06% in year-to-date performance and have moved -31.22% in past 5-day. Quantum-Si Incorporated (NASDAQ:QSI) showed a performance of 96.68% in past 30-days. Number of shares sold short was 9.09 million shares which calculate 0.53 days to cover the short interests.

Quantum-Si Incorporated (QSI) estimates and forecasts

Statistics highlight that Quantum-Si Incorporated is scoring comparatively higher than the scores of other players of the relevant industry. The company added 4.62% of value to its shares in past 6 months, showing an annual growth rate of 0.00% while that of industry is -1.40. This year revenue growth is estimated to rise 189.05% 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 1.29M for the same. And 2 analysts are in estimates of company making revenue of 1.45M in the next quarter. Company posted 400k and 457k of sales in current and next quarters respectively a year earlier.

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

Insiders are in possession of 19.85% of company’s total shares while institution are holding 36.00 percent of that, with stock having share float percentage of 44.92%. Investors also watch the number of corporate investors in a company very closely, which is 36.00% 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.