Quantum-Si Incorporated (NASDAQ:QSI)’s traded shares stood at 37.9 million during the last session, with the company’s beta value hitting 2.78. At the close of trading, the stock’s price was $2.54, to imply an increase of 8.09% or $0.19 in intraday trading. The QSI share’s 52-week high remains $5.77, putting it -127.17% down since that peak but still an impressive 75.98% since price per share fell to its 52-week low of $0.61. The company has a valuation of $402.17M, with an average of 64.14 million shares in intraday trading volume over the past 10 days and average of 28.57 million shares over the past 3 months.
Quantum-Si Incorporated (NASDAQ:QSI) trade information
After registering a 8.09% upside in the last session, Quantum-Si Incorporated (QSI) has traded red over the past five days. The 5-day price performance for the stock is -3.79%, and 47.67% over 30 days. With these gigs, the year-to-date price performance is -5.93%. Short interest in Quantum-Si Incorporated (NASDAQ:QSI) saw shorts transact 23.65 million shares and set a 0.64 days time to cover.
Quantum-Si Incorporated (QSI) estimates and forecasts
Looking at statistics comparing Quantum-Si Incorporated share performance against respective industry, we note that the company has outperformed competitors. Quantum-Si Incorporated (QSI) shares are 118.97% up over the last 6 months, with its year-to-date growth rate higher than industry average at 0.00% against -4.30%. The rating firms project that company’s revenue will grow 189.05% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 1.29M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 1.45M.Earnings reports from the last fiscal year show that sales brought in 400k and 457k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 223.63% before jumping 217.29% in the following quarter.
QSI Dividends
Quantum-Si Incorporated has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Quantum-Si Incorporated (NASDAQ:QSI)’s Major holders
Quantum-Si Incorporated insiders hold 12.90% of total outstanding shares, with institutional holders owning 27.29% of the shares at 31.34% float percentage. In total, 27.29% institutions holds shares in the company, led by ARK INVESTMENT MANAGEMENT LLC. As of 2024-06-30, the company held over 12.41 million shares (or 8.7534% of shares), all amounting to roughly $13.03 million.
The next major institution holding the largest number of shares is SUMITOMO MITSUI TRUST HOLDINGS, INC. with 7.86 million shares, or about 5.5463% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $8.26 million.
We also have ARK ETF Tr-ARK Genomic Revolution ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Quantum-Si Incorporated (QSI) shares. Going by data provided on Nov 30, 2024 , ARK ETF Tr-ARK Genomic Revolution ETF holds roughly 11.03 shares. This is just over 8.99% of the total shares, with a market valuation of $28.03 million. Data from the same date shows that the other fund manager holds a little less at 3.02, or 2.46% of the shares, all valued at about 7.66 million.
