Quantum-Si Incorporated (NASDAQ:QSI) price closed higher on current market day and jumping 19.30% above its previous close.
A look at the daily price movement shows that the last close reads $1.14, with intraday deals fluctuated between $1.175 and $1.37. The company’s 5Y monthly beta was ticking 2.786. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.77 and 52-week low of $0.61. The stock subtracted -30.61% on its value in the past month.
Quantum-Si Incorporated, which has a market valuation of $249.07 million, is expected to release its quarterly earnings report on 2025-Mar-02.
On average, analysts have forecast the company’s revenue for the quarter will hit 962.33k, with the likely lows of 900k and highs of 1.01M. The average estimate suggests sales growth for the quarter will likely rise by 110.58% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of 7.67M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 150.74% above that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give QSI a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as Hold.
The overview shows that QSI’s price is at present -7.45% off the SMA20 and -33.27% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 42.42, with weekly volatility standing at 9.56%. The indicator jumps to 10.42% when calculated based on the past 30 days. Quantum-Si Incorporated (NASDAQ:QSI)’s beta value is holding at 2.74, while the average true range (ATR) indicator is currently reading 0.18. Considering analysts have assigned the stock a price target range of $3.65-$3.65 as the low and high respectively, we find the trailing 12-month average consensus price target to be $3.65. Based on this estimate, we see that current price is roughly -168.38% off the estimated low and -168.38% off the forecast high. Investors will no doubt be excited to see the share price fall to $3.65, which is the median consensus price, and at that level QSI would be -168.38% from current price.
An analysis of the Quantum-Si Incorporated (NASDAQ:QSI) stock in terms of its daily trading volume indicates that the 3-month average is 26.98 million. However, this figure increases on the past 10-day timeline to an average of 6.78 million.
Current records show that the company has 146.95M in outstanding shares. The insiders’ percentage holdings are 24.78% of outstanding shares while the percentage share held by institutions stands at 25.59%. The stats also highlight that short interest as of 2025-02-28, stood at 17.66 million shares, which puts the short ratio at the time at 1.94. From this we can glean that short interest is 1392.00 of company’s current outstanding shares. Notably, we see that shares short in February fall slightly given the previous month’s figure stood at 18.73 million. But the -49.63% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
