In the last trading session, 254.0 million shares of the Quantum-Si Incorporated (NASDAQ:QSI) were traded, and its beta was 3.15. Most recently the company’s share price was $3.60, and it changed around $1.45 or 67.44% from the last close, which brings the market valuation of the company to $860.27M. QSI currently trades at a discount to its 52-week high of $2.58, offering almost 28.33% off that amount. The share price’s 52-week low was $0.61, which indicates that the current value has risen by an impressive 83.06% since then. We note from Quantum-Si Incorporated’s average daily trading volume that its 10-day average is 48.49 million shares, with the 3-month average coming to 12.69 million.
Quantum-Si Incorporated stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended QSI as a Hold, whereas 0 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.
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Quantum-Si Incorporated (NASDAQ:QSI) trade information
Instantly QSI has showed a green trend with a performance of 67.44% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.14 on recent trading dayincreased the stock’s daily price by 13.04%. The company’s shares are currently up 79.10% year-to-date, but still up 179.07% over the last five days. On the other hand, Quantum-Si Incorporated (NASDAQ:QSI) is 193.88% up in the 30-day period. We can see from the shorts that 11.27 million shares have been sold at a short interest cover period of 0.44 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 risen 242.86 percent over the past six months and at a 0.00% annual growth rate that is well above the industry average of -1.50%. 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 January.
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 36.00% of them are in the hands of institutional investors. The stock currently has a share float of 44.92%. Quantum-Si Incorporated stock is held by 135.0 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.
