Quantum-Si Incorporated (NASDAQ:QSI) traded at $1.62 at close of the session on current trade day and made an upward move of 33.88% on its previous day’s price.
Looking at the stock we see that its previous close was $1.21 and the beta (5Y monthly) reads 2.928 with the day’s price range being $1.17 – $1.71. In terms of its 52-week price range, QSI has a high of $2.43 and a low of $0.61. The company’s stock has gained about 108.90% over that past 30 days.
Quantum-Si Incorporated has a market cap of $309.53 million and is expected to release its quarterly earnings report in December. Estimates by analysts give the company expected earnings per share (EPS) of -0.19, with the EPS growth for the year raised at -0.62 for current year and -0.62 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 1.29M, with a low of 1.1M and a high of 1.49M. The median projection represents growth squeezing down to 223.63% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 3.13M, or 189.05% up from figures reported last year.
On the other hand, looking at the outlook for the QSI stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 83.13% off its SMA20 and 86.10% from its 50-day simple moving average. The RSI (14) is pointing at 71.87 while the volatility over the past week is 28.53% and jumps to 13.59% over the past one month. The beta value is 3.13, while the average true range (ATR) is currently pointing at 0.19.
Coming back to Quantum-Si Incorporated (NASDAQ:QSI), we note that the average 3-month trading volume was 5.22 million, while that of the preceding 10-day period stands at 33.98 million. Current shares outstanding are 121.83 million.
The insiders hold 31.72% of the company’s shares while institutions hold 35.86%. The data shows that short shares as of 2024-10-31, stood at 5.9 million at a short ratio of 12.65. This represents a 685.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 6.1 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -19.40% down in year-to-date price movement.
