In the last trading session, 31.72 million Quantum-Si Incorporated (NASDAQ:QSI) shares changed hands as the company’s beta touched 2.77. With the company’s per share price at $1.93 changed hands at -$0.71 or -27.03% during last session, the market valuation stood at $305.59M. QSI’s last price was a discount, traded about -198.96% off its 52-week high of $5.77. The share price had its 52-week low at $0.61, which suggests the last value was 68.39% up since then. When we look at Quantum-Si Incorporated’s average trading volume, we note the 10-day average is 94.75 million shares, with the 3-month average coming to 26.76 million.
Quantum-Si Incorporated (NASDAQ:QSI) trade information
Instantly QSI was in red as seen at the end of in last trading. With action -55.01%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -28.52%, with the 5-day performance at -55.01% in the red. However, in the 30-day time frame, Quantum-Si Incorporated (NASDAQ:QSI) is -14.60% down. Looking at the short shares, we see there were 11.27 million shares sold at short interest cover period of 0.44 days.
Quantum-Si Incorporated (QSI) estimates and forecasts
Data shows that the Quantum-Si Incorporated share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 80.37% over the past 6 months, a 0.00% in annual growth rate that is considerably higher than the industry average of -1.50%. Year-over-year growth is forecast to reach 189.05% 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 1.29M. 2 analysts are of the opinion that Quantum-Si Incorporated’s revenue for the current quarter will be 1.45M. The company’s revenue for the corresponding quarters a year ago was 400k and 457k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 223.63%. The estimates for the next quarter sales put growth at 217.29%.
The 2025 estimates are for Quantum-Si Incorporated earnings to increase by 6.62%.
QSI Dividends
Quantum-Si Incorporated is expected to release its next quarterly earnings report in February.
Quantum-Si Incorporated (NASDAQ:QSI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 12.90% of Quantum-Si Incorporated shares while 27.30% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 31.35%. There are 27.30% 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.
Among Mutual Funds, the top two as of Nov 30, 2024 were ARK ETF Tr-ARK Genomic Revolution ETF and Vanguard Total Stock Market Index Fund . With 11.03 shares estimated at $21.3 million under it, the former controlled 8.99% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.46% of the shares, roughly 3.02 shares worth around $5.82 million.
