Quantum-Si Incorporated (NASDAQ:QSI) does about 31.01M shares in volume on a normal day but saw 11124790 shares change hands in the recent trading day. The company now has a market cap of 401.70M USD. Its current market price is $2.21, marking a decrease of -3.91% compared to the previous close of $2.30. The 52 week high reached by this stock is $5.77 whilst the lowest price level in 52 weeks is $0.61.
Quantum-Si Incorporated (QSI) has a 20-day trading average at $2.80 and the current price is -61.70% off the 52-week high compared with 261.05% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.89 and its 200-day simple moving average is $1.35. If we look at the stock’s price movements over the week, volatility stands at 10.00%, which increases to 27.44% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 48.27 to suggest the stock is neutral.
The consensus objective for the share price is $3.25, suggesting that the stock has a potential upside of 32.0% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 08, 2023 when H.C. Wainwright initiated the stock to “Buy” and issued a price target of $3. Canaccord Genuity downgraded the stock to “Hold” from Buy on September 25, 2023 at a price target of $3.50-$2. Canaccord Genuity initiated its price target at $13.
The current price level is -21.13%, 16.69%, and 63.96% away from its SMA20, SMA50, and SMA200 respectively, with the QSI price moving below the 50-day SMA on current market day. Quantum-Si Incorporated (QSI) stock is down -1.34% over the week and 68.70% over the past month. Its price is -18.15% year-to-date and 29.24% over the past year.
To reach the target analysts have set, the stock logically needs to grow 32.0 percent from here.
Outstanding shares total 181.76M with insiders holding 12.90% of the shares and institutional holders owning 27.29% of the company’s common stock. The company has a return on investment of -40.74% and return on equity of -35.79%. The beta has a value of 2.72. Price to book ratio is 1.50 and price to sales ratio is 176.96.
